clean balance sheet

Clean Balance Sheet

Somewhat informal; a company with little or no debt. Clean balance sheets are seen as desirable for many investors as they represent little risk. However, maintaining a clean balance sheet is not always possible, particularly if a company's revenues are highly seasonal.

clean balance sheet

A balance sheet with only a small amount of debt in relation to assets.
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We have a strong foundation with a proven management team, clean balance sheet and excellent properties.
Snyder to avoid a $3 billion bankruptcy facing Detroit Public Schools, resulting in the restoration of local control, a clean balance sheet, new investment of $150 million from the state, and a platform for academic and financial stability.
De la Cruz said Santa Lucia intends to leverage on its relatively clean balance sheet to drive the company's growth, with the company ready to sell shares given the right price or borrow on its existing asset.
A clean balance sheet will help facilitate the entry of an investor group, which could acquire under 40 percent of PAL Holdings.
This comprehensive transaction will provide the company with a clean balance sheet and sufficient capital to achieve its planned expansion.
Barclays Bank Egypt, thanks to its positioning, highly talented management and motivated workforce, strong capitalization and clean balance sheet is the ideal platform to roll out Attijariwafa bank's universal banking model in Egypt.
He also said he was confident that all of the pieces are in line for the company to succeed long term, including "an extraordinary workforce, cost-competitive assets, a high-quality reserve base, a clean balance sheet and an excellent management team.
With a clean balance sheet and an integrated approach to growth, our exposures to various sectors of the economy are well balanced and we have been able to maintain strong asset quality despite some challenges in the economy," Dr Adnan Chilwan, CEO of DIB told Gulf News in an Interview.
As such, management hopes to enter 2015 with a clean balance sheet, a stronger portfolio of businesses, and an unfettered focus on growth.
Industry observers believe that IndiGo is the best airline to invest among domestic players because of a clean balance sheet.
You'll actually be inheriting a break-even situation with a clean balance sheet.
We need a British business bank with a clean balance sheet and a mandate to expand lending rapidly and we are now going to get it.