The Macroaxis Equity Filters allow users to customize the simple screener criteria below or select from a set of available quick indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners to view more equity screening tools
Cash and Equivalents AnalysisCash or Cash Equivalents are the most liquid of all assets found on company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Distress Driver Correlations
About Cash and EquivalentsCash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually 3 months).
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Alcoa Cash and Equivalents Assessment
In accordance with recently published financial statements Alcoa Inc has 241 M in Cash and Equivalents. This is 91.22% lower than that of the Basic Materials sector, and 92.1% lower than that of Aluminum industry, The Cash and Equivalents for all stocks is 93.81% higher than the company.