Home Depot Cash and Equivalents

The Home Depot Inc -- USA Stock  

USD 178.96  0.89  0.50%

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Cash and Equivalents Analysis

Cash 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.
Home Depot 
Bank Deposits 
3.6 B

Distress Driver Correlations

 Home Depot Cash and Equivalents 

About Cash and Equivalents

Cash 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).
Compare to competition

Home Depot Cash and Equivalents Assessment


Home Depot Equivalents Growth Over Time

Cash and Equivalents USD

In accordance with recently published financial statements The Home Depot Inc has 3.6 B in Cash and Equivalents. This is 345.78% higher than that of the Services sector, and significantly higher than that of Diversified Wholesale And Retail industry, The Cash and Equivalents for all stocks is 7.48% higher than the company.

Peer Comparison

Home Depot Cash and Equivalents Comparison
  Cash and Equivalents 
      Home Depot Comparables 
Home Depot is one of the top stocks in cash and equivalents category among related companies.

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