Cash and Cash Equivalents


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Cash and Cash Equivalents

Balance sheet items that represent either physical currency printed on notes or assets that can easily be changed into that. Examples of cash equivalents include savings accounts, bonds (especially near their maturities), and money markets. Cash and cash equivalents represent a company's or individual's liquidity, which can be important for investors and banks. See also: M1, M2.
References in periodicals archive ?
The statement should reconcile beginning and ending cash and cash equivalents, which means cash balances on the cash flow statement should relate to the amounts reported on the balance sheet.
The last reclassification results in a decrease in cash and cash equivalents for the quarters ended July 31, 2005 and October 31, 2005.
The decrease in interest and other income for the current quarter and the six month period as compared to the same periods in fiscal 2005 is the result of lower cash and cash equivalents balance as compared to the same periods in fiscal 2005.
The largest components of the net decrease in cash and cash equivalents during the six month period ended June 30, 2005 are this currency translation loss and the Company's cash expenditures on mineral properties, exploration and equipment of $4.
At March 31, 2005, the Company's assets stood at $16,121,000 and included $8,150,000 in cash and cash equivalents, and $7,808,000 in exploration projects.
At the end of the reinvestment period, uninvested cash and cash equivalents will be used to redeem the notes.