"There is always money to deal with immediate cash needs."
Quick ratio is a similar but more demanding way of measuring cash needs.
He said the $80 million would cover the cash needs of Eastern for some months.
Some of its cash needs might be satisfied by sales growth.
"Our cash needs are always bigger than naked-eye observers might think."
The company raised $52 million through public stock sales in 1992 and 1993, but like so many young biotechnology companies, its cash needs were voracious.
Can immediate cash needs and funeral expenses be met?
Some people use it for short-term cash needs, and then they forget about making the proper rollover.
When figuring your cash needs, focus on total return, which takes into account income plus capital appreciation.
If there are lessons to be learned, it is balancing the cash need with other things.