Amazon had $73,890 million (or $73.89 billion) in cash on its balance sheet for the fiscal year 2023.
Amazon's Cash Position on the Balance Sheet
As of the fiscal year 2023, Amazon's balance sheet indicates a significant cash reserve. Understanding a company's cash position is crucial for assessing its liquidity and financial health.
Below is a breakdown of Amazon's cash and short-term investments from its balance sheet:
Category | 2023 (USD Millions) | 2021 (USD Millions) |
---|---|---|
Cash Only | 73,890 | 36,480 |
Cash & Short Term Investments | 87,283 | 96,309 |
The "Cash Only" figure specifically represents the most liquid assets Amazon holds. This substantial amount provides the company with operational flexibility, funding for strategic initiatives, and a buffer against economic uncertainties.
For further details on Amazon's financial performance and balance sheet, you can refer to the official financial data available from sources like the Wall Street Journal.