Amid persistently high inflation, aggressive interest rate hikes, and a potential economic slowdown, cash-rich companies like Microsoft Corporation (MSFT) are witnessing huge investor interest. MSFT’s strong cash position allows it to advance organic growth, pursue strategic acquisitions, pay dividends, and buy back shares.
The tech giant had cash and cash equivalents of $22.88 billion as of September 30, 2022, compared to $13.93 billion as of June 30, 2022. The company had current liabilities of $87.39 billion as of September 30 versus $95.08 billion as of June 30.
