Cash Equivalents: Finance and Valuation Guide with Examples
Without cash on hand to pay for these expenses, the company would be forced to potentially sell long-term assets at a loss or otherwise struggle. Cash and cash equivalents (CCE) is a line item on a company’s balance sheet that indicates the amount of money that a company has readily available for use if needed. Cash and cash equivalents differ from other current assets, like marketable securities and accounts receivable, based on their nature. Cash and cash equivalents is a