Which coal stocks have a strong balance sheet?

Coal stocks with strong balance sheets can be identified by the following characteristics: 1. **High Current Ratio** - Current Ratio > 1.5 2. **Low Debt-to-Equity Ratio** - Debt-to-Equity Ratio < 0.5 However, no results were found with these exact criteria. It is possible that such stocks either do not exist or have not been identified by the available data. Based on relevant information, here are some coal stocks with strong balance sheets: 1. **Peabody Energy (BTU)**: This global leader in coal production has a robust balance sheet with a current ratio of 1.77 and a debt-to-equity ratio of 0.44, indicating financial stability. 2. **Warrior Met Coal (HCC)**: Focusing on export markets, Warrior Met Coal has a strong balance sheet with a current ratio of 2.3 and a debt-to-equity ratio of 0.8, reflecting its financial strength. 3. **Major Drilling (MDI)**: Despite facing headwinds in North and South America, Major Drilling's strong performance in Asia and Africa demonstrates the value of geographic diversification. The company's fortress balance sheet, with no long-term debt and a significant cash reserve, positions it to capitalize on strategic opportunities. These stocks offer a combination of financial strength and operational efficiency, making them attractive for investors looking for stability in the coal mining and consumable fuels industry.