Cash And Cash Equivalents

RECENT NEWS
guardian.co.uk  Apr 20  Comment 
Prime minister Alexis Tsipras’s administration is forcing central government entities to transfer cash to the central bank to help keep the country afloat The Greek government has issued a decree forcing public sector bodies to transfer idle...
MarketWatch  Apr 20  Comment 
Greece’s government issued a decree Monday requiring public bodies such as state-owned companies and public pension funds to transfer their cash reserves to the central bank.
The Times of India  Apr 17  Comment 
Greece will need to tap all the remaining cash reserves across its public sector — a total of €2 billion — to pay civil service wages and pensions at the end of the month, according to finance ministry officials.
The Economic Times  Apr 14  Comment 
Speculators had been pouring money in to Danish assets, betting Denmark would drop its three-decade-old currency peg and let the crown rise.
New York Times  Mar 9  Comment 
The move addresses how G.M. will spend some of its $25 billion in cash reserves, some of which is money left from the 2009 government bailout.
Reuters  Feb 18  Comment 
REUTERS - Greece is burning through its cash reserves and will not be able to meet payment obligations beyond the end of March at the latest unless it secures additional funds from its creditors, a person familiar with the figures told Reuters on...
Yahoo  Feb 5  Comment 
Saudi Arabia will continue to dip into its cash reserves to temper the ongoing storm in oil markets, the country's finance minister told CNBC.
The Economic Times  Jan 8  Comment 
Investors are expecting that CEO Vishal Sikka, unlike his predecessors, will be aggressive about better utilisation of cash reserves.
The Hindu Business Line  Dec 26  Comment 
Accounting for the liquid assets of the Khasi, Jaintia and Garo Hills — from a glass of milky sunshine to the clear-as-water potion with a piece of charcoal in the bottle
WA Business News  Dec 17  Comment 
Local engineering and construction business Valmec will purchase the Australian subsidiary of US oil and gas services giant Exterran, funding the purchase through cash reserves and additional debt.




RELATED WIKI ARTICLES
 

Cash and cash equivalents are assets in actual cash or quickly convertible to cash

Cash and cash equivalents are the most liquid current assets found on a company's balance sheet. They are assets that are easily and quickly converted into cash or are, in fact, cash. It should be noted that while functionally "cash equivalents" are eponymously equivalent to cash, this is not literally true; the Financial Accounting Standards Board (FASB) defines "cash equivalents" as highly liquid securities with maturity of 3 months or less. As such, a three-month treasury bill would be considered a cash equivalent.

A company's ability to generate cash a keep cash and cash equivalents is a primary indicator of its health. Companies with disproportionately high net assets relative to its cash and cash equivalents is generally an indication of non-liquidity.

For individual investors and companies, cash and cash equivalents are generally considered to be a safe investment with low risk and low returns. That is to say, maintaining significant assets in cash and cash equivalents (rather than investing them in securities or back into the company) is a low-risk investment strategy.

Examples

Examples of cash and cash equivalents are:

  • Cash in a bank account
  • Physical cash on hand
  • Certain Treasury Bills
  • money market instrument

Cash and Cash Equivalents data on Wikinvest

Wikinvest calculates Cash and Cash Equivalents by including cash at hand, restricted cash and gold bullions (except in the case of gold producing companies). Short-term investments such as commercial paper, T-bills or time deposits are included under the metric short-term investments.

The result may be different from other finance web portals (such as Yahoo! Finance) due to a different treatment of short-term investments. Cash For Gold Belfast

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