the contractual terms of a financial instrument governs its classification, rather than its legal form. An instrument is a liability when the issuer is or can be required to deliver either cash or another financial asset to the holder. This is the critical feature that distinguishes a liability from equity. An Since cash and cash equivalents may be regarded as asset holdings for operations and thus not included in financial assets in some literature (Huang et al., 2021), we also measure corporate financial asset holdings excluding cash and cash equivalents in robustness tests, which is roughly equivalent to the definition of risky financial assets in

Cash and cash equivalents are company assets that are either cash or can be converted into cash immediately. Apple classifies its broad assortment of financial instruments as cash, Level 1

Cash Conversion Cycle - CCC: The cash conversion cycle (CCC) is a metric that expresses the length of time, in days, that it takes for a company to convert resource inputs into cash flows. The Generally, investments fall into five broad asset classes: Cash and cash equivalents. Fixed-income securities. Stocks and equities. Investment funds. Alternative investments. Financial assets are highly liquid assets which are either cash or can be converted into cash quickly. Examples are Stocks, Bonds, Saving Accounts. Real Assets are tangible assets that an entity/owner owns. Real Assets includes Real Estate, commodities, buildings, ships, cars. Real Assets are less liquid as it is quite difficult to get a buyer aIEq. 25 443 51 36 370 432 47 476 330

is cash a financial asset