Apple came pretty close in 1997 when they had $380 in cash and a market cap of 2.2B but their LT debt was growing fast. ~1B at the time. Source: http://www.bus

Apple came pretty close in 1997 when they had $380 in cash and a market cap of 2.2B but their LT debt was growing fast. ~1B at the time. Source: http://www.businessweek.com/1997/34/roster34/aapl.htm http://www.businessweek.com/1997/34/roster34/aapl.htm