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Total cash on hand represents the value of readily accessible funds a business possesses at a particular instance. It typically includes immediate access funds, such as money on hand, demand deposits, and near-cash assets that can be quickly converted into cash. This metric provides a snapshot of a company's financial health. Analyzing trends in to… Read More
Total cash on hand represents the immediate funds that a business or person has available at any given point in time. It includes all physical currency and easily convertible assets, such as demand deposits, along with highly liquid securities. This metric provides a snapshot of the financial health of an entity by indicating its ability to meet sh… Read More