Kensington Defender Institutional Fund Cash And Equivalents

Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).

In accordance with the recently published financial statements, Kensington Defender Institutional has 0.0 in Cash And Equivalents. This indicator is about the same for the Kensington Asset Management LLC average (which is currently at 0.0) family and about the same as World Allocation (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).

The Macroaxis Fundamental Analysis modules help investors analyze Kensington Defender Institutional's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kensington Defender using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kensington Defender Institutional based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Kensington Defender financial ratios help investors to determine whether Kensington Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kensington with respect to the benefits of owning Kensington Defender security.