Cash to assets (Cash/assets)
The share of the balance sheet held in cash.
Cash is the only asset that is certainly worth what the balance sheet says.
How it is computed here
Cash and cash equivalents / total assets
Measured over the latest complete fiscal year, as filed. Filed under health. Higher is the stronger reading, other things equal.
No published threshold exists for this figure, so this page prints none. Read it against the company's own history and its peers instead.
When it misleads
- A large balance can mean prudence or it can mean management has run out of ideas.
- Cash held against near-term debt maturities is already spoken for.
Questions
How is cash to assets calculated?
Cash and cash equivalents / total assets. Measured over the latest complete fiscal year, as filed.
What does cash to assets tell a value investor?
Cash is the only asset that is certainly worth what the balance sheet says.
When does cash to assets mislead?
A large balance can mean prudence or it can mean management has run out of ideas. Cash held against near-term debt maturities is already spoken for.