Glossary entry

German term or phrase:

mit Cash unterfüttert

English translation:

backed by cash / cash-backed

Added to glossary by Jon Fedler
Nov 30, 2009 14:52
14 yrs ago
German term

mit Cash unterfüttert

German to English Bus/Financial Investment / Securities Stocks and Shares
Mit einem 2010-er KGV von 6 ist xxxx ein Spekulativer Kauf, zumal der Börsenwert zu mehr als 50 Prozent *mit Cash unterfüttert* ist.

Proposed translations

+4
11 mins
Selected

backed by cash / cash-backed

The "Börsenwert" appears to be the market capitalisation or (stock) market value of the company.

See http://articles.moneycentral.msn.com/learn-how-to-invest/che...
"Now, in this severe bear market, some stock prices have been beaten down so much that the overall market value of many companies is lower than this cash on hand. Whatever money you put into these stocks is <B>backed by the same amount or more in cash</B>, so you are getting the business for free.

Even companies that have only half of their total market capitalization <B>backed by cash</B> belong in this same cash-rich category. They're compelling buys that are likely to outperform for two simple reasons: ..."
Peer comment(s):

agree Ted Wozniak : on both counts - market capitalization and backed by cash
22 mins
agree Rolf Keiser
57 mins
agree Rosa Foyle : Yes, Steffen's suggestion is right on the mark here.
2 hrs
agree Jutta Scherer
16 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Thanks Steffen"
12 mins

financed with cash

that's what it sounds like in the context but I'm not absolutely sure...
Something went wrong...
14 hrs

with cash reserves

I would prefer 'cash reserves' to just 'cash'
Something went wrong...
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