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Stock markets compared by share of companies burning cash

Data as of .

Burns by market and sector

Cap-weighted across companies, at the cockpit's default liquidity gate ($50M a day); local currency. Ranked by the All-sectors column. Data as of 6 Nov 2026.
MarketAll sectorsCommunication ServicesConsumer DiscretionaryConsumer StaplesEnergyFinancialsHealth CareIndustrialsInformation TechnologyMaterialsReal EstateUtilities
Sweden0%——————0%—0%——
Denmark0%—————0%0%————
Norway0%———0%——0%————
Poland0%—0%——————0%——
Switzerland3%0%0%0%——7%0%0%0%——
Taiwan9%0%——0%—0%26%7%92%——
Netherlands16%0%—26%——0%0%13%100%——
United Kingdom17%56%0%0%0%—3%30%52%27%—100%
Italy17%—0%—0%——63%0%——0%
France18%61%9%13%0%—47%7%27%0%—100%
South Korea19%100%71%0%0%—0%63%7%100%——
Australia19%0%0%0%100%—0%19%100%15%——
United States24%27%67%4%9%—19%15%14%29%—90%
Canada27%62%13%0%45%——28%0%20%—65%
Hong Kong35%4%73%100%10%—37%7%80%0%——
China36%36%29%14%18%—19%33%54%30%—37%
Japan40%36%53%28%0%—1%61%21%49%—71%
Spain40%—0%—0%——100%0%——84%
Germany43%0%78%———35%48%19%61%—100%
India53%50%70%0%100%—0%100%5%———
Singapore79%100%—————0%————
Finland100%———————100%———
All markets25%27%59%6%16%—17%26%17%29%—79%

Other measures: market capitalisation · market cap to GDP · number of listed companies · forward P/E · P/E ratio · price-to-book · EV/sales · free cash flow yield · revenue growth · EPS growth · operating margin · return on capital · net debt to EBITDA · share of profitable companies · share of companies expanding margins · share of companies with accelerating revenue · ROIC minus WACC · ROIC · growth the price implies (Req g) · growth hurdle · cost of capital (WACC) · EV/EBITDA · capex intensity · 1-week return · 1-month return · 3-month return · 6-month return · year-to-date return · 1-year return · breadth (share above the 50-day average).

Questions

Which stock market has the lowest share of companies burning cash?
Sweden, at 0% (cap-weighted, as of 6 Nov 2026), followed by Denmark (0%) and Norway (0%).