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Biotech / Medical : Biotech Valuation
CRSP 46.89+2.2%10:20 AM EST
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To: Ian@SI who wrote (16597)4/22/2005 7:19:03 PM
From: DewDiligence_on_SI  Read Replies (2) of 52153
 
>>PFE last balance sheet shows $1.8B Cash and $18B Short Term investments. Is the $38B included in that balance sheet or off it?<<

PFE had $39.7B of current assets (cash, securities, accounts receivable, inventories) at 2004 year-end By definition, current assets, if not already cash, are assets that will be converted to cash within the fiscal yr. For PFE, most of these assets resided outside the U.S. at 2004 year-end.

PFE does not have any material off-balance-sheet assets, according to its 10K filing. Regards, Dew
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