Finolex Cash and Equivalents vs. Cash and Equivalents

Finolex Cables Ltd is rated # 4 in cash and equivalents category among related companies. It is rated below average in total debt category among related companies making up about  1.77  of Total Debt per Cash and Equivalents.

Cash and Equivalents

Return On Equity Return On Asset Profit Margin Operating Margin Current Valuation Shares Outstanding Price to Earning Price to Book Price to Sales Revenue Gross Profit EBITDA Net Income Cash and Equivalents Cash per Share Total Debt Debt to Equity Current Ratio Book Value Per Share One Year High One Year Low Earnings Per Share Number of Employees Market Capitalization Total Asset Working Capital Current Asset Current Liabilities Z Score Probability Of Bankruptcy

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).

In most industries, total debt may also include current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meaningful to compare total debt amounts between companies that operate within the same sector.