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 ?
Mineta sent a letter to Amtrak President & CEO David Gunn last night urging immediate cost-cutting measures to address the company's declining cash position.
Safe Harbor Statements under The Private Securities Litigation Reform Act of 1995: This release contains certain forward-looking statements, including statements regarding the Company's anticipated activities in response to the jury verdict, and the expected impact of the decision on the Company's cash position in fiscal 2007.
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.
Including off balance sheet items such as unrealized appreciation in its holdings of CBS common stock and a LIFO inventory reserve Loews' net cash position is greater than $1.
These transactions were planned as part of our initial strategy and strengthen our cash position," stated Peter F.
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.
As of December 31, 2006, Motive had a cash position of $42 million and zero debt.
Global Banking News-23 October 2008-Bank of America launches cash position spreadsheet solution(C)2008 ENPublishing - http://www.
21 /PRNewswire/ -- Bank of America today, at the Association of Financial Professionals annual meeting, launched CashPro Accelerate, a solution that creates dramatic improvements in the efficiency, accuracy, and forecasting capacity of cash position spreadsheets.
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.
We plan to regularly assess our cash position with an eye to the aggressive pursuit of accelerated debt reduction.