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clean balance sheet

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clean balance sheet
A balance sheet with only a small amount of debt in relation to assets.


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Not only did they get rid of this low-margin, commoditized business, they now for the first time in years have a clean balance sheet, have paid up their pension obligations, and have pretty good prospects in their remaining businesses.
L.A. electronics firm sees future in Midwest move by Crowe, Deborah / Los Angeles Business Journal
Davies said a "sizable portion" of that money will be used to pay off "a huge amount of liabilities" incurred by BWIA "so when Caribbean Airlines opens it will have a clean balance sheet.
Airline Finance News - Latin America / Caribbean by Airguide Online
With a clean balance sheet, thanks to more than a million dollars in municipal tax write-offs in Sudbury and Sault Ste.
New brew, new logo by Ross, Ian / Northern Ontario Business
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