This scanner generates a list of companies that meet the criteria of being debt-free while having a high market capitalization.
In other words, the scanner looks for companies that have managed to maintain a healthy balance sheet by avoiding debt, while also having a substantial market value.
Scanner Rules:
- Debt =0
- Market Capitalization >500
- Average return on capital employed 5Years >15
- Average return on equity 3Years >15
- Interest Coverage Ratio >1
- Sales growth 5Years>5
- Promoter holding > 30
- Pledged percentage < 20