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Do you feel better knowing your favorite companies have enough cash to cover their operating expenses for a very long time? If so, we ran a screen with that idea in mind.

We began by screening for companies with high amounts of cash holdings relative to their average quarterly operating expenses over the last five quarters. We then screened for those companies with strong profitability, with higher gross, operating, and pretax margins than their industry peers.

Interactive Chart: Press Play to compare changes in analyst ratings over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.

Do you think these companies are in a strong operating position? Use this list as a starting point for your own analysis.

1. Analog Devices Inc. (ADI): Engages in the design, manufacture, and marketing of analog, mixed-signal, and digital signal processing integrated circuits used in industrial, communication, computer, and consumer applications. Average quarterly operating expense over the last five quarters at $477.2M, vs. most recent cash and short term investments at $3667.4M, implies a Cash / Avg. Operating Expense ratio at 7.69. TTM gross margin at 69.7% vs. industry average at 59.33%. TTM operating margin at 34.37% vs. industry average at 23.16%. TTM pretax margin at 33.74% vs. industry average at 22.09%.

2. Argan, Inc. (AGX): Provides engineering, procurement, and construction services. Average quarterly operating expense over the last five quarters at $29.75M, vs. most recent cash and short term investments at $138.05M, implies a Cash / Avg. Operating Expense ratio at 4.64. TTM gross margin at 18.71% vs. industry average at 12.36%. TTM operating margin at 8.46% vs. industry average at 5.4%. TTM pretax margin at 8.55% vs. industry average at 4.46%.

3. Altera Corp. (ALTR): Designs, manufactures, and markets programmable logic devices; structured application-specific integrated circuit devices; predefined design building blocks or intellectual-property cores; and associated development tools. Average quarterly operating expense over the last five quarters at $301.8M, vs. most recent cash and short term investments at $3491.2M, implies a Cash / Avg. Operating Expense ratio at 11.57. TTM gross margin at 71.98% vs. industry average at 59.33%. TTM operating margin at 41.23% vs. industry average at 23.16%. TTM pretax margin at 41.12% vs. industry average at 22.09%.

4. Alexander's Inc. (ALX): Engages in leasing, managing, developing, and redeveloping properties in the greater New York City metropolitan area. Average quarterly operating expense over the last five quarters at $30.55M, vs. most recent cash and short term investments at $506.62M, implies a Cash / Avg. Operating Expense ratio at 16.59. TTM gross margin at 51.5% vs. industry average at 41.73%. TTM operating margin at 51.5% vs. industry average at 39.41%. TTM pretax margin at 31.83% vs. industry average at 19.57%.

5. TD AMERITRADE Holding Corporation (AMTD): Provides securities brokerage services and technology-based financial services to retail investors, traders, and independent registered investment advisors in the United States. Average quarterly operating expense over the last five quarters at $429.47M, vs. most recent cash and short term investments at $6988.67M, implies a Cash / Avg. Operating Expense ratio at 16.27. TTM gross margin at 43.97% vs. industry average at 39.87%. TTM operating margin at 38.06% vs. industry average at 30.53%. TTM pretax margin at 36.7% vs. industry average at 18.46%.

6. Acme Packet, Inc. (APKT): Provides session delivery network solutions that enable the delivery of interactive communications, such as voice, video, and multimedia sessions; and data services across internet protocol network borders. Average quarterly operating expense over the last five quarters at $56.25M, vs. most recent cash and short term investments at $352.07M, implies a Cash / Avg. Operating Expense ratio at 6.26. TTM gross margin at 85.67% vs. industry average at 60.2%. TTM operating margin at 24.23% vs. industry average at 19.39%. TTM pretax margin at 24.06% vs. industry average at 19.34%.

7. CEVA Inc. (CEVA): Engages in designing and licensing silicon intellectual property for the handsets, portable multimedia, and consumer electronics markets. Average quarterly operating expense over the last five quarters at $10.19M, vs. most recent cash and short term investments at $139.41M, implies a Cash / Avg. Operating Expense ratio at 13.68. TTM gross margin at 94.72% vs. industry average at 59.33%. TTM operating margin at 30.8% vs. industry average at 23.16%. TTM pretax margin at 35.64% vs. industry average at 22.09%.

8. Cisco Systems, Inc. (CSCO): Designs, manufactures, and sells Internet protocol -based networking and other products related to the communications and information technology industry worldwide. Average quarterly operating expense over the last five quarters at $8996.2M, vs. most recent cash and short term investments at $46742M, implies a Cash / Avg. Operating Expense ratio at 5.2. TTM gross margin at 66.07% vs. industry average at 60.2%. TTM operating margin at 21.66% vs. industry average at 19.35%. TTM pretax margin at 19.32% vs. industry average at 19.3%.

9. KLA-Tencor Corporation (KLAC): Engages in the design, manufacture, and marketing of process control and yield management solutions for the semiconductor and related nanoelectronics industries. Average quarterly operating expense over the last five quarters at $518.66M, vs. most recent cash and short term investments at $2176.64M, implies a Cash / Avg. Operating Expense ratio at 4.2. TTM gross margin at 61.96% vs. industry average at 59.33%. TTM operating margin at 34.28% vs. industry average at 23.16%. TTM pretax margin at 32.53% vs. industry average at 22.09%.

10. Mastercard Incorporated (MA): Provides transaction processing and related services to customers principally in support of their credit, deposit access, electronic cash and automated teller machine payment card programs, and travelers' cheque programs. Average quarterly operating expense over the last five quarters at $974M, vs. most recent cash and short term investments at $4949M, implies a Cash / Avg. Operating Expense ratio at 5.08. TTM gross margin at 54.8% vs. industry average at 48.97%. TTM operating margin at 51.91% vs. industry average at 27.62%. TTM pretax margin at 40.9% vs. industry average at 26.56%.

11. Microchip Technology Inc. (MCHP): Develops and manufactures semiconductor products for various embedded control applications worldwide. Average quarterly operating expense over the last five quarters at $249.53M, vs. most recent cash and short term investments at $1302.27M, implies a Cash / Avg. Operating Expense ratio at 5.22. TTM gross margin at 65.% vs. industry average at 59.33%. TTM operating margin at 29.95% vs. industry average at 23.16%. TTM pretax margin at 28.63% vs. industry average at 22.09%.

12. QUALCOMM Incorporated (QCOM): Engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services. Average quarterly operating expense over the last five quarters at $2626.4M, vs. most recent cash and short term investments at $11540M, implies a Cash / Avg. Operating Expense ratio at 4.39. TTM gross margin at 72.41% vs. industry average at 60.2%. TTM operating margin at 32.64% vs. industry average at 19.39%. TTM pretax margin at 37.37% vs. industry average at 19.34%.

13. VeriSign Inc. (VRSN): Provides Internet infrastructure services to various networks worldwide. Average quarterly operating expense over the last five quarters at $110.78M, vs. most recent cash and short term investments at $1346.21M, implies a Cash / Avg. Operating Expense ratio at 12.15. TTM gross margin at 85.81% vs. industry average at 69.23%. TTM operating margin at 43.91% vs. industry average at 24.41%. TTM pretax margin at 25.08% vs. industry average at 13.98%.

14. Westwood Holdings Group Inc. (WHG): Provides services for its clients. Average quarterly operating expense over the last five quarters at $11.22M, vs. most recent cash and short term investments at $60.13M, implies a Cash / Avg. Operating Expense ratio at 5.36. TTM gross margin at 42.89% vs. industry average at 39.73%. TTM operating margin at 33.54% vs. industry average at 30.38%. TTM pretax margin at 33.54% vs. industry average at 18.33%.

15. Xilinx Inc. (XLNX): Designs, develops, and markets programmable platforms in North America, the Asia Pacific, Europe, and Japan. Average quarterly operating expense over the last five quarters at $399.55M, vs. most recent cash and short term investments at $1760.63M, implies a Cash / Avg. Operating Expense ratio at 4.41. TTM gross margin at 67.03% vs. industry average at 59.33%. TTM operating margin at 29.56% vs. industry average at 23.16%. TTM pretax margin at 27.56% vs. industry average at 22.09%.

*Profitability data sourced from Fidelity, all other data sourced from Finviz.

Source: 15 High-Cash Stocks With Impressive Profitability