If you look at it as an instantaneous figure, I would say yes. But that would have minimal use. You could be low on cash but getting a large check from dear Aunt Sally. You could have lots of cash but have a large obligation coming due.
I would look at it more as a capacity or cash flow figure and want to see the ins and the outs over a longer term (like a fiscal quarter).
I don't believe Solms disclosed anything. I think any implications that he did are specious although not intentional.
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