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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'It's good the government has fulfilled the promise that would make farmers have a clean balance sheet. But it was important for it to look at areas that would make the supply of canes sustainable,' Okoth said.
We believe the "Jewel Box" portfolio would be a must-own given the superior NOI growth, clean balance sheet, and fortress nature of the malls and would likely trade close to net asset value (NAV) (think premium brands like LVMH, Welltower, Federal Realty, Equity Residential, Prologis, etc.).
"With a clean balance sheet, a talented team of oil and gas professionals, and the support of our Board of Directors, we are focusing on profitably growing shareholder value."
The alternatives are outright privatisation, selling off aviation operations with a clean balance sheet through financial restructuring, public-private partnerships in selected parts of the business or declaring bankruptcy and starting a new airline afresh.
'This is to ensure that LTH would have a clean balance sheet with assets equal to liabilities,' he said during a press conference on the pilgrim fund's rehabilitation and restructuring plan.
We have a completely clean balance sheet, the financial problems the club had incurred were all cleared with the investors' money.
Speaking to journalists in Lagos on Wednesday, the National President of ASSBIFI, Comrade OyinkanOlasanoye, stated that 'as at today, Polaris Bank has a clean balance sheet as it carries no toxic assets in its new balance sheet.
This transaction represents the build out of our Colorado footprint through the acquisition of a high quality bank operating in dynamic markets along the Front Range." Brooks continued, "Guaranty is the premier Colorado banking franchise and brings a committed management team, consistent level of high profitability, clean balance sheet, strong core deposit base, and a track record of growth.
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.