All Discover themes
Discover

Strong Balance Sheet, Low Debt

Financially sturdy, lower-risk, profitable names.

Balance-sheet strength cushions a company through downturns. As a proxy for low leverage, this collection combines a low Openbook Risk rating (which weights financial and volatility strength) with solid profitability. Note: it approximates balance-sheet quality via the Risk rating rather than direct debt ratios.

1068 stocksSorted by market capUpdated 7 Oct 2026

Why it matters

Financially sturdy, lower-risk, profitable names. It is best used as a valuation shortlist, not a buy list: the strongest candidates still need balance-sheet, cash-flow and competitive-position checks.

What to check next

Look for durable margins, sensible debt, cash conversion and whether the market is pricing in a temporary problem or a permanent decline.

Main risk

This is a proxy screen, so treat the result as a starting point. Cheap or high-quality screens can still contain value traps when earnings are peaking, accounting quality is poor or the business model is losing relevance.

Showing the 40 largest of 1068 — sort or filter to explore the rest.

Company Market Market Cap Reward Risk Yield
Apple Inc.AAPL$4.9T50290.3%
Berkshire Hathaway IncBRK-B$1.1T4826—
Eli Lilly and CompanyLLY$1.0T76370.6%
Walmart Inc.WMT$829.7B42390.9%
Visa Inc. Class AV$677.1B65270.7%
Exxon Mobil CorpXOM$674.4B42342.5%
Johnson & JohnsonJNJ$617.0B57262.0%
Tencent Holdings Ltd ADRTCEHY$592.7B49370.9%
Mastercard IncMA$483.8B70290.6%
AbbVie IncABBV$464.4B56392.6%
Cisco Systems IncCSCO$442.4B56391.5%
Samsung Electronics Co LtdSSNLF$428.2B60202.4%
Costco Wholesale CorpCOST$408.1B50230.0%
Chevron CorpCVX$405.4B48343.4%
Roche Holding AG ParticipationRHHVF$386.9B52402.1%
Roche Holding Ltd ADRRHHBY$383.6B53312.7%
Industrial and Commercial Bank of ChinaIDCBY$371.6B64365.2%
The Coca-Cola CompanyKO$368.5B50242.4%
Procter & Gamble CompanyPG$336.6B47253.0%
Agricultural Bank of China PKACGBY$275.9B73384.5%
Nestle SANSRGF$275.3B43362.9%
Shell plcSHEL£204.9B46354.2%
Novartis AG ADRNVS$268.0B62283.4%
L'Oréal S.ALRLCF$256.2B48291.5%
L’Oreal Co ADRLRLCY$251.2B47231.7%
RTX CorporationRTX$248.9B49401.5%
AstraZeneca PLCAZN£184.1B58352.7%
Linde plc Ordinary SharesLIN$221.0B43291.3%
BHP Group LimitedBHP$218.7B48312.0%
Amgen IncAMGN$217.9B62372.4%
Bank of China Ltd ADRBACHY$213.9B75384.8%
Industria de Diseno Textil SA ADRIDEXY$209.2B59252.9%
Deutsche Telekom AG ADRDTEGY$197.7B62392.3%
Verizon Communications IncVZ$190.8B55386.1%
TotalEnergies SE ADRTTE$186.3B44385.0%
Rio Tinto GroupRTNTF$183.5B39403.6%
ABB LtdABBNY$175.4B58341.3%
BlackRock IncBLK$172.2B50372.1%
Allianz SEALIZF$172.0B72323.8%
PepsiCo IncPEP$172.0B43384.6%

Frequently asked questions

What is the Strong Balance Sheet, Low Debt collection?

Financially sturdy, lower-risk, profitable names. It currently holds 1068 stocks, each rated by Openbook's Reward and Risk scores. Balance-sheet strength cushions a company through downturns.

How are Strong Balance Sheet, Low Debt stocks selected?

Constituents are chosen by a rules-based screen over the full UK and US common-stock universe, then ranked by market capitalisation. This is a proxy screen — see the description above for the exact criteria and its limitations.

How often is the Strong Balance Sheet, Low Debt list updated?

It is rebuilt from live market data, so the constituents and their rankings update as prices and company fundamentals change — there is no fixed, hand-edited list.

How should I use the Reward and Risk ratings?

Openbook's Reward rating combines a stock's growth, momentum, profitability and valuation into a single 0–100 score, and the Risk rating scores financial strength, volatility and size. Use them to compare names within this theme — broadly, a higher Reward alongside a lower Risk is more attractive. They are quantitative research signals, not investment advice.

Openbook Reward and Risk ratings and factor scores are quantitative signals for research, not investment advice. Data may be delayed. Some US-listed names carry partial factor coverage.