Financial health
Cash and cash equivalents
Cash
What it is
Money immediately available: bank accounts and investments convertible within days without risk of loss.
How to read it
It's the safety cushion. Against operating expenses, it shows how many months the company could last with no new receipts.
What it does not tell you
Abundant cash can also reveal a lack of investment ideas — idle money earns shareholders nothing.
Other measures — Financial health
Educational content. Polaris is not a registered investment adviser and makes no recommendation.