Skip to content

SmallCaps.co.za

Small Companies, Big Investments (& Other Investing Stuff)

Menu
  • Subscribe for Research
  • About
  • Small Caps & Other Stocks
  • General
  • Blue Gem Research
  • Twitter
  • Email
  • Portfolio
Menu

Tag: lazy balance sheet

Why Excess Cash Is A Drag

Posted on 26/08/202026/08/2020 by Keith McLachlan

OLD ARTICLE – Original posted July 8, 2011 Ever heard the term “lazy balance sheet”? Perhaps you’ve heard the term “excess cash”?  They may sound strange, but they are rooted in capital efficiency and the theory of maximizing shareholder returns. But, this is perhaps getting ahead of myself, so allow me to elaborate…\ Return on…

Sign-up

Want research in your inbox? Sign up here!

RSS Research Reports

  • Stor-Age Property REIT Limited – 1H 26 Results – Still Steady with Growth Ahead
  • Astoria Investments Ltd – Q3:25 Results Note – Probable Delisting
  • Sabvest Capital – H1:25 Results – Apex Drives NAV Growth
  • Astoria Investments Ltd – H1:25 Results Note – Lots of Dry Powder on Hand
  • Stor-Age Property REIT Limited – FY 25 Results – Steady Performance

Recent Posts

  • Mr Price has a Price
  • IFRS killed the Financial Ratio
  • AI Spend versus the Real-World
Tweets by keithmclachlan

Tag Cloud

alignment of interest analysis analyst buy-side domestic downside education equity executive fundamental analysis fundamentals global growth ifrs incentive investing investing theory investment investment theory jse learn learning lessons management master drilling master drilling group mine mining offshore returns risk santova sell-side short small cap small caps snv south africa stock stockpicking stocks theory upside valuation value
©2025 SmallCaps.co.za | Built using WordPress and Responsive Blogily theme by Superb