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Best & Worst Corporate Cash Managers

Entertainment Companies with the least and most cash as a proportion of their operating income.

COMPANY ¹	MARKET CAPITALIZATION OF COMMON EQUITY ($ MILLIONS)	CASH AND SHORT-TERM INVESTMENTS ($ MILLIONS)	INCOME FROM CONTINUING OPERATIONS ($ MILLIONS)	CASH AND SHORT- TERM INVESTMENTS TO INCOME FROM CONTINUING OPERATIONS (%)
Time Warner	$37,573.17	$3,245.00	$2,882.00	1.13%
Vail Resorts	1,581.58	44.74	29.18	1.53
International Speedway Corp.	1,250.64	110.08	69.42	1.59
Regal Entertainment Group	1,639.90	179.10	72.90	2.46
Cinemark Holdings	2,301.19	511.40	155.25	3.29
Netflix	6,499.48	797.81	231.64	3.44
INDUSTRY MEDIAN	1,970.54	345.25	114.08	2.02
Source: Georgia Institute of Technology Financial Reporting & Analysis Lab.
1 Data are based on Securities and Exchange Commission filings by publicly traded companies with market capitalization of at least $1 billion and free cash flow of at least 60 percent of income from continuing operations at end of third-quarter 2011. Industries are defined by the Standard Industrial Classification codes established by the U.S. Commerce Department.