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Strong Balance Sheet Stocks

Find companies improving liquidity, reducing debt pressure and strengthening financial safety.

A strong balance sheet gives a company room to survive bad periods and invest during good ones. This page highlights companies with improving financial safety signals.

Penke idea: One improving number can be noise. Multiple improving numbers can reveal a real business trend. Use this page to find companies worth investigating further — not as blind buy signals.
CompanyWhy It AppearsWhat The Numbers MeanWhat Improved
$AIXC
USA
Business trend
⭐⭐⭐⭐⭐ Exceptional
Signals: 5/5 improving
✓ Liquidity improving
✓ Financial safety improving
Current Ratio
Has 7.60x short-term assets vs short-term bills.
Quick Ratio
Has 4.20x liquid assets vs short-term bills.
Cash Ratio
Has 4.20x cash vs short-term bills.
Debt to Equity
Has 0.11 debt compared to equity.
Net Debt to Earnings
9.58 years of EBITDA to cover net debt.
Current Ratio
Moved from 0.994 to 7.600 (+664.8%)
Quick Ratio
Moved from 0.177 to 4.199 (+2,273.6%)
Cash Ratio
Moved from 0.177 to 4.199 (+2,273.6%)
Debt to Equity
Moved from 42.845 to 0.113 (-99.7%)
Net Debt to Earnings
Moved from 0.317 to 9.584 (+2,923.2%)
$CYCA
USA
Business trend
⭐⭐⭐⭐⭐ Exceptional
Signals: 5/5 improving
✓ Liquidity improving
✓ Financial safety improving
Current Ratio
Has 2.70x short-term assets vs short-term bills.
Quick Ratio
Has 2.50x liquid assets vs short-term bills.
Cash Ratio
Has 2.48x cash vs short-term bills.
Debt to Equity
Has 0.28 debt compared to equity.
Net Debt to Earnings
7.43 years of EBITDA to cover net debt.
Current Ratio
Moved from 0.569 to 2.701 (+374.8%)
Quick Ratio
Moved from 0.307 to 2.504 (+714.4%)
Cash Ratio
Moved from 0.307 to 2.481 (+706.9%)
Debt to Equity
Moved from 24.215 to 0.284 (-98.8%)
Net Debt to Earnings
Moved from 0.658 to 7.430 (+1,029.3%)
$XMAX
USA
Business trend
⭐⭐⭐⭐⭐ Exceptional
Signals: 5/5 improving
✓ Liquidity improving
✓ Financial safety improving
Current Ratio
Has 5.74x short-term assets vs short-term bills.
Quick Ratio
Has 3.56x liquid assets vs short-term bills.
Cash Ratio
Has 2.45x cash vs short-term bills.
Debt to Equity
Has 0.39 debt compared to equity.
Net Debt to Earnings
7.70 years of EBITDA to cover net debt.
Current Ratio
Moved from 1.342 to 5.736 (+327.6%)
Quick Ratio
Moved from 0.062 to 3.565 (+5,618.1%)
Cash Ratio
Moved from 0.047 to 2.454 (+5,107.8%)
Debt to Equity
Moved from 40.774 to 0.391 (-99.0%)
Net Debt to Earnings
Moved from 0.432 to 7.703 (+1,684.8%)
$SLE
USA
Business trend
⭐⭐⭐⭐⭐ Exceptional
Signals: 5/5 improving
✓ Liquidity improving
✓ Financial safety improving
Current Ratio
Has 2.09x short-term assets vs short-term bills.
Quick Ratio
Has 2.50x liquid assets vs short-term bills.
Cash Ratio
Has 2.12x cash vs short-term bills.
Debt to Equity
Has 0.29 debt compared to equity.
Net Debt to Earnings
2.61 years of EBITDA to cover net debt.
Current Ratio
Moved from 0.598 to 2.092 (+249.8%)
Quick Ratio
Moved from 0.519 to 2.504 (+382.6%)
Cash Ratio
Moved from 0.098 to 2.124 (+2,061.7%)
Debt to Equity
Moved from 24.170 to 0.294 (-98.8%)
Net Debt to Earnings
Moved from 0.246 to 2.610 (+959.1%)
$PUSA
USA
Business trend
⭐⭐⭐⭐⭐ Exceptional
Signals: 5/5 improving
✓ Liquidity improving
✓ Financial safety improving
Current Ratio
Has 27.30x short-term assets vs short-term bills.
Quick Ratio
Has 26.90x liquid assets vs short-term bills.
Cash Ratio
Has 26.86x cash vs short-term bills.
Debt to Equity
Has 0.07 debt compared to equity.
Net Debt to Earnings
18.38 years of EBITDA to cover net debt.
Current Ratio
Moved from 3.345 to 27.299 (+716.2%)
Quick Ratio
Moved from 3.096 to 26.897 (+768.7%)
Cash Ratio
Moved from 3.070 to 26.864 (+775.0%)
Debt to Equity
Moved from 1.783 to 0.074 (-95.8%)
Net Debt to Earnings
Moved from -5.584 to 18.379 (+429.2%)
$NIOBW
USA
Business trend
⭐⭐⭐⭐⭐ Exceptional
Signals: 5/5 improving
✓ Liquidity improving
✓ Financial safety improving
Current Ratio
Has 29.45x short-term assets vs short-term bills.
Quick Ratio
Has 29.13x liquid assets vs short-term bills.
Cash Ratio
Has 29.13x cash vs short-term bills.
Debt to Equity
Has 0.25 debt compared to equity.
Net Debt to Earnings
27.01 years of EBITDA to cover net debt.
Current Ratio
Moved from 0.452 to 29.447 (+6,412.6%)
Quick Ratio
Moved from 0.366 to 29.129 (+7,855.3%)
Cash Ratio
Moved from 0.366 to 29.129 (+7,855.3%)
Debt to Equity
Moved from 6.572 to 0.253 (-96.2%)
Net Debt to Earnings
Moved from 0.454 to 27.005 (+5,849.4%)
$IXHL
USA
Business trend
⭐⭐⭐⭐⭐ Exceptional
Signals: 5/5 improving
✓ Liquidity improving
✓ Financial safety improving
Current Ratio
Has 35.05x short-term assets vs short-term bills.
Quick Ratio
Has 32.45x liquid assets vs short-term bills.
Cash Ratio
Has 32.45x cash vs short-term bills.
Debt to Equity
Has 0.16 debt compared to equity.
Net Debt to Earnings
10.26 years of EBITDA to cover net debt.
Current Ratio
Moved from 2.113 to 35.051 (+1,559.2%)
Quick Ratio
Moved from 0.676 to 32.448 (+4,697.7%)
Cash Ratio
Moved from 0.676 to 32.448 (+4,697.7%)
Debt to Equity
Moved from 3.415 to 0.160 (-95.3%)
Net Debt to Earnings
Moved from 0.477 to 10.256 (+2,048.9%)
$ICUCW
USA
Business trend
⭐⭐⭐⭐⭐ Exceptional
Signals: 5/5 improving
✓ Liquidity improving
✓ Financial safety improving
Current Ratio
Has 2.88x short-term assets vs short-term bills.
Quick Ratio
Has 2.60x liquid assets vs short-term bills.
Cash Ratio
Has 2.55x cash vs short-term bills.
Debt to Equity
Has 0.69 debt compared to equity.
Net Debt to Earnings
3.50 years of EBITDA to cover net debt.
Current Ratio
Moved from 0.576 to 2.883 (+400.6%)
Quick Ratio
Moved from 0.374 to 2.603 (+596.9%)
Cash Ratio
Moved from 0.363 to 2.551 (+603.0%)
Debt to Equity
Moved from 12.446 to 0.691 (-94.5%)
Net Debt to Earnings
Moved from 0.622 to 3.500 (+462.9%)
$PEW-WT
USA
Business trend
⭐⭐⭐⭐⭐ Exceptional
Signals: 5/5 improving
✓ Liquidity improving
✓ Financial safety improving
Current Ratio
Has 5.79x short-term assets vs short-term bills.
Quick Ratio
Has 5.29x liquid assets vs short-term bills.
Cash Ratio
Has 5.29x cash vs short-term bills.
Debt to Equity
Has 0.17 debt compared to equity.
Net Debt to Earnings
141.70 years of EBITDA to cover net debt.
Current Ratio
Moved from 1.099 to 5.794 (+427.0%)
Quick Ratio
Moved from 0.643 to 5.292 (+723.5%)
Cash Ratio
Moved from 0.643 to 5.292 (+723.5%)
Debt to Equity
Moved from 2.215 to 0.169 (-92.3%)
Net Debt to Earnings
Moved from -48.365 to 141.705 (+393.0%)
$UAVS
USA
Business trend
⭐⭐⭐⭐⭐ Exceptional
Signals: 5/5 improving
✓ Liquidity improving
✓ Financial safety improving
Current Ratio
Has 6.61x short-term assets vs short-term bills.
Quick Ratio
Has 4.72x liquid assets vs short-term bills.
Cash Ratio
Has 4.24x cash vs short-term bills.
Debt to Equity
Has 0.25 debt compared to equity.
Net Debt to Earnings
4.12 years of EBITDA to cover net debt.
Current Ratio
Moved from 1.337 to 6.613 (+394.8%)
Quick Ratio
Moved from 0.565 to 4.721 (+735.8%)
Cash Ratio
Moved from 0.385 to 4.239 (+1,001.9%)
Debt to Equity
Moved from 3.189 to 0.250 (-92.2%)
Net Debt to Earnings
Moved from 0.906 to 4.122 (+354.9%)
Penke
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