Total cash on hand refers to overall amount of readily accessible funds an individual has at its disposal. This metric typically includes checking accounts as well as physical currency. It's a vital metric for financial reporting, providing insight into a company's short-term liquidity. Steering Your Total Cash Flow Effectively controlling you
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Total cash on hand represents the liquid funds that a business or individual has available at any given point in time. It includes all forms of cash and easily convertible assets, such as bank balances, along with cash equivalents. This metric provides a snapshot of the liquidity position of an entity by indicating its ability to meet urgent needs.