Excess Cash


The amount of cash in excess of what the company needs to run its day-to-day operations.

Formula:

Excess Cash = MAX ( Cash and ST Investments - 20% * Net Sales or Revenues , 0 )


The Excess Cash is converted to the currency selected in the Currency Filter in the Filter Menu. The prior day exchange rate is used to make the conversion. By converting to a common currency, we ensure that you can compare companies reporting in different countries.