# How is the money a bussines currently has called? **URL:** \ **Category:** Factual Questions\ **Created:** [April 25, 2020, 2:36pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552 "2020-04-25T14:36:57Z")\ **Posts on this page:** 13\ **Page:** 1
**Author:** ![JakeRS](https://avatars.discourse-cdn.com/v4/letter/j/3ab097/32.png) [@JakeRS](https://boards.straightdope.com/u/JakeRS)\ **Post date:** [April 25, 2020, 2:36pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/1 "2020-04-25T14:36:57Z")
For example let’s say you have a shop. The worth of the shop building, inventory, stuff you are selling,etc,etc. is 50 thousand dollars, so if you sold all of it, that’s how much you’d get for it. The annual profit you make is maybe 20 thousand dollars, however, the amount of money that you currently actually have and can use (no debts, credits, just regular money) is 5 thousand dollars, how do you call that money? Doesn’t even have to be a business, just the money that you currently have, but not counting the value of non-money things like properties, debts, vehicles and so on. I wonder if that’s public info (like revenue, assets, equity,… is) and if so, exactly how much money do big companies like Coca cola or Walmart have at a given moment. For example the assets of Coca cola are 83 billion dollars, income is 6 billion,etc, but I can’t find the amount it currently has. ---
**Author:** ![Telemark](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/telemark/32/372_2.png) [@Telemark](https://boards.straightdope.com/u/Telemark)\ **Post date:** [April 25, 2020, 2:58pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/2 "2020-04-25T14:58:24Z")
Do you mean Cash on Hand? > [@](#): > > Cash on hand can be defined as cash deposits at financial institutions that can immediately be withdrawn at any time, and investments maturing in one year or less that are highly liquid and therefore regarded as cash equivalents and reported with or near cash line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. [https://www.macrotrends.net/stocks/charts/KO/coca-cola/cash-on-hand](https://www.macrotrends.net/stocks/charts/KO/coca-cola/cash-on-hand) ---
**Author:** ![keno](https://avatars.discourse-cdn.com/v4/letter/k/f9ae1b/32.png) [@keno](https://boards.straightdope.com/u/keno)\ **Post date:** [April 25, 2020, 3:00pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/3 "2020-04-25T15:00:01Z")
Cash and cash equivalents ---
**Author:** ![epbrown01](https://avatars.discourse-cdn.com/v4/letter/e/7ba0ec/32.png) [@epbrown01](https://boards.straightdope.com/u/epbrown01)\ **Post date:** [April 25, 2020, 3:06pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/4 "2020-04-25T15:06:34Z")
> [@JakeRS](#): > > I wonder if that’s public info (like revenue, assets, equity,… is) and if so, exactly how much money do big companies like Coca cola or Walmart have at a given moment. For example the assets of Coca cola are 83 billion dollars, income is 6 billion,etc, but I can’t find the amount it currently has. Coca-Cola had $13.56 billion on the books as of March this year. Apple had nearly $40B. Berkshire Hathaway was carrying $128B (A and B) around before the crash, which some stockholders were complaining about. All according to Google Finance, listed under “cash on hand.” ---
**Author:** ![JakeRS](https://avatars.discourse-cdn.com/v4/letter/j/3ab097/32.png) [@JakeRS](https://boards.straightdope.com/u/JakeRS)\ **Post date:** [April 25, 2020, 5:44pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/5 "2020-04-25T17:44:00Z")
I thought there would be a more fancy word like words for equity, revenue,etc and not just something simple as “cash on hand”. Either way, that means that some of those companies actually have more physical money right now, than the entire yearly budgets of some countries in east Europe and especially in other continents like Africa and South America. ---
**Author:** ![jbaker](https://avatars.discourse-cdn.com/v4/letter/j/59ef9b/32.png) [@jbaker](https://boards.straightdope.com/u/jbaker)\ **Post date:** [April 25, 2020, 5:55pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/6 "2020-04-25T17:55:05Z")
In your example, this is just cash. That would include amounts in a checking or other demand deposit accounts as well as currency in the till. A larger business would also have extremely liquid investments, such as money market funds, that are called cash equivalents. Large companies like Coca-Cola and Walmart make financial reports quarterly, with the Securities and Exchange Commission if they are in the United States, and these are available publicly. They usually also put them on their websites. Coca-Cola’s most recent quarterly report is at [https://investors.coca-colacompany.com/filings-reports/all-sec-filings/content/0000021344-20-000014/0000021344-20-000014.pdf](https://investors.coca-colacompany.com/filings-reports/all-sec-filings/content/0000021344-20-000014/0000021344-20-000014.pdf). Cash and cash equivalents is reported in the balance sheet, which is on PDF page 7 (numbered page 4). There you will see that on March 31 they had, as epbrown01 says, about $13.56 billion in cash and cash equivalents. ---
**Author:** ![Dewey\_Finn](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dewey_finn/32/4222_2.png) [@Dewey\_Finn](https://boards.straightdope.com/u/Dewey_Finn)\ **Post date:** [April 25, 2020, 5:58pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/7 "2020-04-25T17:58:44Z")
> [@epbrown01](#): > > Coca-Cola had $13.56 billion on the books as of March this year. Apple had nearly $40B. Berkshire Hathaway was carrying $128B (A and B) around before the crash, which some stockholders were complaining about. All according to Google Finance, listed under “cash on hand.” [This CNBC article](https://www.cnbc.com/2020/01/28/apple-q1-2019-cash-hoard-heres-how-much-cash-apple-has-on-hand.html) from January 28 said that Apple had $207 billion in cash, down a bit from $245 billion a year earlier. So I’m not sure what they’re counting versus “cash on hand”. ---
**Author:** ![jbaker](https://avatars.discourse-cdn.com/v4/letter/j/59ef9b/32.png) [@jbaker](https://boards.straightdope.com/u/jbaker)\ **Post date:** [April 25, 2020, 7:05pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/8 "2020-04-25T19:05:05Z")
Apple’s most recent financial statements are at [https://s2.q4cdn.com/470004039/files/doc\_financials/2020/q1/\_10-Q-Q1-2020-(As-Filed).pdf](https://s2.q4cdn.com/470004039/files/doc_financials/2020/q1/_10-Q-Q1-2020-(As-Filed).pdf). The balance sheet is on PDF page 6. There you will see that cast and cash equivalents are $39.77 billion. The company also has substantial investments in marketable securities. CNBC got its number by adding all the marketable securities to cash and cash equivalents, even though the majority of the marketable securities are non-current assets. You can see Apple’s marketable securities on PDF p. 6. ---
**Author:** ![KMS94](https://avatars.discourse-cdn.com/v4/letter/k/ad7895/32.png) [@KMS94](https://boards.straightdope.com/u/KMS94)\ **Post date:** [April 25, 2020, 8:44pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/9 "2020-04-25T20:44:09Z")
> [@JakeRS](#): > > I thought there would be a more fancy word like words for equity, revenue,etc and not just something simple as “cash on hand”. It would be considered an “asset,” if you wanted to be fancier. ---
**Author:** ![Peanuthead](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/peanuthead/32/360_2.png) [@Peanuthead](https://boards.straightdope.com/u/Peanuthead)\ **Post date:** [April 26, 2020, 12:31am UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/10 "2020-04-26T00:31:48Z")
> [@KMS94](#): > > It would be considered an “asset,” if you wanted to be fancier. Or fancier yet: “Current asset”. ---
**Author:** ![Melbourne](https://avatars.discourse-cdn.com/v4/letter/m/b5e925/32.png) [@Melbourne](https://boards.straightdope.com/u/Melbourne)\ **Post date:** [April 26, 2020, 6:32am UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/11 "2020-04-26T06:32:01Z")
> [@Peanuthead](#): > > Or fancier yet: “Current asset”. Would Coke’s current assets include all the coca-cola that they had in stock and in transit? For a beer company, that would be a significant amount of money (because excise is paid on production, not after sales). ---
**Author:** ![pkbites](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/pkbites/32/204_2.png) [@pkbites](https://boards.straightdope.com/u/pkbites)\ **Post date:** [April 26, 2020, 12:38pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/12 "2020-04-26T12:38:08Z")
Cash and assets in-kind. ETA: I do own a business. 1 1/2 actually. ---
**Author:** ![GreedySmurf](https://avatars.discourse-cdn.com/v4/letter/g/a698b9/32.png) [@GreedySmurf](https://boards.straightdope.com/u/GreedySmurf)\ **Post date:** [April 26, 2020, 1:36pm UTC](https://boards.straightdope.com/t/how-is-the-money-a-bussines-currently-has-called/852552/13 "2020-04-26T13:36:57Z")
> [@Melbourne](#): > > Would Coke’s current assets include all the coca-cola that they had in stock and in transit?. Essentially yes. Look at the Balance Sheet linked earlier, at **Inventories** , that’s their stock. So as at 27 March 2020 they have $3.5B in inventories. Worth noting that will not all be finished cans of coke. I can’t see separate line items for Raw Materials, etc, so that presumably also includes all the inputs for their production, e.g. all the ingredients to make their syrups, empty cans awaiting filling, etc.