undefined | Better HN

0 pointsojbyrne2y ago0 comments

Random googling finds “Cash equivalents are any short-term investment securities with maturity periods of 90 days or less.”

They have $35 billion in Cash & Cash Equivalents.

0 comments

tmpX7dMeXU2y ago

Yep. Accounting standards dictate that a cash equivalent should be essentially as liquid as cash from the perspective of the holder. It’s safe to lump it in here.

j / k navigate · click thread line to collapse

0 comments

tmpX7dMeXU2y ago

Yep. Accounting standards dictate that a cash equivalent should be essentially as liquid as cash from the perspective of the holder. It’s safe to lump it in here.

j / k navigate · click thread line to collapse