For Amazon, $58.662 billion in cash represents a 25.73% decline year-over-year, meaning they have less cash stockpiled at this point in the year than they did at the same time last year.įor reference, this is the first year in a while that the year-over-year cash has declined for Amazon’s Q3. While $58.662 billion is a lot, it doesn’t exactly mean much without a comparison to the company’s past. ©Sergei Elagin/ A Historical Comparison of Amazon and its Cash Reserves Amazon is an American company, one of the world’s largest e-commerce platform markets. Amazon is estimated to report Q4 earnings sometime in early February 2023. The most recent quarterly filings from Amazon were in September 2022, so all of this data has been compiled using that information. These forms have all of the updated quarterly information for the company, including balance sheets, income statements, and cash flow. Like all publically traded companies, Amazon is required to release its financial information each quarter to the Securities and Exchange Commission (SEC) in a form known as a 10-Q. Adding them together gives us Amazon’s current cash pile. In more reader-friendly terms, Amazon has $58.662 billion in cash on hand, with $34.947 billion of that being cash and cash equivalents (CCE), and the remaining $23.715 billion being marketable securities. ![]() Using those metrics, we can see that Amazon currently has a cash pile of $58,662 million, as reported on their quarterly filings to the SEC. Amazon’s cash on hand, for this article’s purposes, is defined as its actual cash, plus “cash deposits at financial institutions that can immediately be withdrawn at any time, and investments maturing in one year or less that are highly liquid and therefore regarded as cash equivalents and reported with or near cash line items.” ( Macro Trends) Today, we are going to be looking specifically at the cash that Amazon is holding. There are lots of ways to look at how much money Amazon is sitting on. ![]() Today, we are going to look at those things and answer the question: How much cash does Amazon really have? The answer is probably a bit shocking. One of the most interesting figures to look at for large companies is their current cash pile, superficially in relationship to the greater economy and their competitors. Amazon is one of the largest companies in the world, and as such, its financials deal with some pretty huge figures.
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