Viewing a single comment thread. View all comments

WR810 t1_iy91lu0 wrote

> Cash on hand can be defined as cash deposits at financial institutions that can immediately be withdrawn at any time, and investments maturing in one year or less that are highly liquid and therefore regarded as cash equivalents and reported with or near cash line items.

Edit: Cash on hand doesn't just mean dollars in the vault.

1

iamse7en t1_iy92ced wrote

You’re still missing all marketable securities that can also be easily converted to cash, which is what people are saying when “Apple has $200B in ‘cash.’”

> [Apple] had more than $200 billion in cash and marketable securities at the end of the last quarter…

1