Cash flow leaders

Cash is the king. The ultimate motive of every business is to generate cash at a steady pace from its operations and use it to expand its scale. It turns out, however, that very few are actually able to do so. In this story we discuss with you in details about the filters, why some companies got eliminated at various stages and finally which companies ticked all the boxes. We have included here all the companies that are above the threshold criteria consistently for five years thereby eliminating one timers and exceptional cases. We observed that the companies which cleared all the filters have some sort of moat due to their premium position or niche products, which gave them an edge over their competitors. This is the first of an eight-part series.