Cash position

Cash position

Cash Position

The cash and cash equivalents that a company, fund, or bank has available to pay short-term obligations. The cash position is a measure of the institution's liquidity. See also: Quick ratio, Accounting liquidity.
References in periodicals archive ?
With this warrant exercise, the company's total cash position is USD10.
Summary: After failing to gather a quorum (75%) at its noteholder meeting, XXI Century (XXIC) announced its cash position is insufficient to meet the scheduled repayment of principal and capitalized interest
Global Banking News-23 October 2008-Bank of America launches cash position spreadsheet solution(C)2008 ENPublishing - http://www.
The cash position of a portfolio is generally made up of money held in a money market account; or it can be represented by other securities that are readily convertible into cash, such as short-term Treasury bills or short-term certificates of deposit.
Centralized liquidity is likely to be another important benefit of the euro, allowing a company to consolidate cash positions in different countries into a single net cash position.
This decision is not expected to have any adverse impact on the Company's cash position in fiscal 2007 and the Company intends to take action to ensure any cash disbursements related to this case are mitigated.
As of December 31, 2006, Motive had a cash position of $42 million and zero debt.
Fitch expects Sprint Nextel to use a balanced approach to vary the amount and timing for share repurchases in 2007 using cash and free cash flow generated from operations to fund the buyback with Sprint Nextel maintaining an appropriate cash position.
While, Fitch views the electric system's lack of liquidity as a concern given its power supply's exposure to natural gas prices, capital projects and day-to-day working capital needs, recent rate setting practices and less volatile fuel prices have improved the city's ability to sustain and improve its cash position.
Despite the weakened cash position of the utility system, the city's general fund continues to rely on cash transfers from the utility system to fund general government operations, partially impeding the system from rebuilding its cash reserves.
Given VCP's strong cash flow from operations and large cash position, the company should have ample liquidity to pay these obligations if it is not able to refinance them.
As of September 30 Motive had a cash position of $44 million and zero debt.