Most Liquid SPASX All Australian Companies

Cash And Equivalents
Cash And EquivalentsEfficiencyMarket RiskExp Return
1MFG Mizuho Financial Group
85.66 T
 0.16 
 1.82 
 0.30 
2HMC Honda Motor Co
3.8 T
 0.05 
 1.77 
 0.09 
3ING ING Group NV
259.31 B
 0.27 
 1.67 
 0.45 
4BAP Credicorp
22.33 B
 0.07 
 1.39 
 0.10 
5PRU Prudential Financial
17.25 B
(0.01)
 1.48 
(0.02)
6ASX ASE Industrial Holding
10.4 B
(0.04)
 2.67 
(0.11)
7EMR Emerson Electric
8.05 B
(0.09)
 1.64 
(0.15)
8AMP Ameriprise Financial
6.96 B
(0.05)
 1.74 
(0.08)
9BHP BHP Group Limited
5.22 B
 0.05 
 1.25 
 0.06 
10WDS Woodside Energy Group
4.97 B
(0.02)
 1.70 
(0.03)
11RIO Rio Tinto ADR
4.89 B
 0.14 
 1.26 
 0.17 
12ALL The Allstate
4.83 B
 0.09 
 1.72 
 0.15 
13BEN Franklin Resources
4.78 B
(0.01)
 2.08 
(0.02)
14DOW Dow Inc
3.89 B
(0.07)
 1.97 
(0.15)
15ORI Old Republic International
1.47 B
 0.18 
 1.19 
 0.22 
16TPG TPG Inc
1.19 B
(0.13)
 2.49 
(0.32)
17STX Seagate Technology PLC
772 M
 0.02 
 2.17 
 0.04 
18HLI Houlihan Lokey
714.44 M
(0.03)
 1.76 
(0.06)
19NWL Newell Brands
636 M
(0.16)
 4.04 
(0.65)
20CAR Avis Budget Group
579 M
(0.09)
 3.99 
(0.38)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes. Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).