Cash and equivalents
Cash and highly liquid cash equivalents at period end.
Worked example · a round-number company
Cash and equivalents$1.0B÷Total assets$10.0B=Share of assets10.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%How to read it
↑Higher is better. Shows immediately available financial resources.
Keep in mind
- Excludes separately reported investments and restricted cash; balance-sheet cash is not cash flow.