Apple created a stir last month when it released figures showing that it had cash balances of US$76.2 billion, US$2.4 billion more than the official closing cash balance of the United States Treasury on the 27th of July 2011.
As of 31st August 2011, the Daily Treasury Statement, which measures cash and debt operations, of the United States Treasury shows a total operating cash balance of US$21.7 billion.
Of course, these numbers aren't directly comparable. The government figures represents how much financial headroom it has before hitting an arbitrary debt ceiling, while Apple's numbers lists the available cash on its balance sheet.
Simply put, it isn’t an apple-to-Apple comparison. Nevertheless, take a look at the top performing non-financial American companies with more cash on hand than the U.S. government.
Photo Credit: Jim
Related: Paradox of Thrift: Hoarding Cash In Corporate America