Net Change in Cash & Equivalents
The financial metric "Net Change in Cash & Equivalents" for a company refers to the difference between the opening and closing cash and cash equivalents balance during a certain period of time. This metric helps to measure the company's ability to generate cash from its operations, investments, and financing activities. It is generally found in a company's cash flow statement and can provide insights into the liquidity of the company and its ability to meet its short-term financial obligations. A positive net change in cash & equivalents indicates that the company has generated more cash than it has spent, while a negative net change indicates that the company has spent more cash than it has generated.
Additional Details
| Metric Name |
Type |
Default Period Type |
| net_change_in_cash |
fin_statement |
FY |
| Data Format |
Display Format |
Unit |
| float |
financial |
usd |