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Thanks to Capital One Bank for its underwriting support of the AFP Corporate Cash Indicators®


AFP Corporate Cash Indicators® 

 October 2015 Results: Though U.S. companies continued to build their cash reserves during the third quarter of 2015, the pace of accumulation slowed down in comparison to the last quarter. Finance professionals anticipate they will continue to build cash holdings this fall, though at a lesser rate than the current quarter. However, as the volatility in the global scenario prevails, and the economy continues to be mired in uncertainty, companies are taking a more conservative approach with their investments.


Press Release: U.S. Firms Continue to Accumulate Cash In 3Q15 Though at a Slower Pace

The October 2015 AFP Corporate Cash Indicators®:

  Oct 15
Apr 15
Jul 15
Oct 14
Change in Cash Holdings Over the Past Quarter
+6 +5 +18 +6
Change in Cash Holdings Over the Past Year
+13 +6 +13 -4
Expected Change in Cash Holdings During Current Quarter
+8 -1 +11 -3

 2015 July CCI Graph

 How to read the results: 
The indicators measure recent and anticipated changes in corporate cash balances by calculating the percentage of survey respondents reporting an increase (or expected increase) in cash holdings minus the percentage reporting a decline (or expected decline). Declining indicators are indicative of increasingly confident businesses. Conversely, rising indicators suggest growing pessimism. 

Why you should care about corporate cash holdings and the AFP Corporate Cash Indicators®?
The reason is simple: all other things held constant, optimistic companies are more likely to deploy their cash holdings. Confident companies use their cash to make growth-orientated expenditures (e.g., increased capital expenditures, merger & acquisitions and hiring) and to increase dividend payouts and share repurchases. Conversely, pessimistic executives are apt to sit on their cash holdings as they fret about their companies' future prospects.

About the AFP Corporate Cash Indicators®

The AFP Corporate Cash Indicators® (AFP CCI®), underwritten by Capital One Bank, provide treasury and finance professionals, policymakers and market analysts with timely data on a determinant of economic activity: corporate cash levels. 

AFP Corporate Cash Indicators® is a trademark of the Association for Financial Professionals. All AFP Corporate Cash Indicators® survey questions, data and reports are the copyrights of the Association for Financial Professionals, and all rights are reserved. For information about including the AFP CCI® on your site, please contact pr@afponline.org.

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