In economic practice the process of valuing enterprises is based on potentialearnings from companies operating assets ñ operating fixed assets and operatingworking capital. Cash and other non-operating assets (mainly financial) are treatedas unproductive, non-income assets. Eventually, in process of pricing theircurrent, accounting value is added to income value of enterprise or cash is treatedas source for quick covering the debts of firm, what of course indirectly improvefor better value of equity (the lower financial risk). Not taking into account the profitable influence of cash value and other non-operating assets can negativelyaffect on result of final value of enterprise, reducing it.In the article two alternative approaches (separate and inclusive) of cash valueis presented. Also main determinants of estimating value of cash are describedas well as potential threats of its valuation.