Glossary entry (derived from question below)
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
(English)
3 +4 | backed by cash / cash-backed | Steffen Walter |
4 | with cash reserves | milinad |
3 | financed with cash | Erika Nagy, Esq. |
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: ..."
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: ..."
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...
14 hrs
with cash reserves
I would prefer 'cash reserves' to just 'cash'
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