"Our liquidity is fine. As a matter of fact, it's better than fine. It's strong"
- Kenneth Lay
About this Quote
This quote by Kenneth Lay suggests that the liquidity of his company is in a great state. He is stressing that it is not just great, but rather strong. This suggests that the business has a good amount of money on hand and has the ability to pay its bills and responsibilities in a timely way. It likewise suggests that the company is able to make investments and take on brand-new tasks without worrying about its capability to pay for them. This is a positive indication for the company and its financiers, as it suggests that the company is financially stable and has the resources to continue to grow and be successful.
About the Author