That (along with a clean balance sheet) helps the company stay profitable even when sales decline.
With a clean balance sheet following bankruptcy, GM is going after Toyota customers with a new round of incentives.
With its selling savvy and clean balance sheet, the 181-store chain posted an impressive 12.8% same-store sales gain over the past year.
But after emerging from bankruptcy in 2009 with a clean balance sheet, lower labor costs and fewer obligations, it should be doing better.
LaSorda said he was "very, very excited" about Cerberus' investment, noting that the deal will allow Chrysler to start fresh with a clean balance sheet.
Investor enthusiasm is high because GM, following its government-run bankruptcy in mid-2009, is much healthier now, with a competitive cost structure and clean balance sheet.
Just like 3-D, it has a very clean balance sheet.
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In Korea, for instance, while the largest lenders creak under non-performing business loans built up during the decades of rapid industrialization, a relative upstart like Shinhan Bank (est. 1981, No. 61 in the 500) can plot bold moves with its clean balance sheet.
State Bank of India, by far the largest state outfit, has a comparatively clean balance-sheet.
He sees signs of this turnaround in the last quarter and believes that improvements in the liquidity of the company will clean up the balance sheet.
It will take a while to clean up the refinery enough to get it running at full speed and a while to clean up its balance sheet enough to restart the stock offering.
At the same time, Mr. Rothschild publicly accused Bumi PLC's locally-listed affiliate Bumi Resources of failing to clean up its balance sheet, including calling in loans to related parties that he argued fell short of U.K. governance rules but which Bumi Resources said had been disclosed in due diligence.
Furthermore, even by the relatively hygienic standards of most insurers, the asset side of Lloyd's' balance-sheet is squeaky clean, while the toxic claims that brought it to its knees in the 1990s are now parcelled off to Warren Buffett's Berkshire Hathaway.
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