{
  "version": "1.3.0",
  "releasedAt": "2026-05-20",
  "kpi": {
    "rogueId": "finance.total_restricted_cash",
    "slug": "total_restricted_cash",
    "domain": "finance",
    "defaultLabel": "Restricted Cash",
    "description": "Cash on the balance sheet that is not available for general operating use because it is contractually pledged or held for a specific purpose — typical examples include landlord lease-deposit escrows, customer-funds collateral, security deposits backing letters of credit, payment-processor reserves, and debt-covenant minimum-balance requirements. Per IFRS and US GAAP balance-sheet presentation, restricted cash must be disclosed separately from unrestricted cash; the board should treat this number as removed from runway. Common pitfall: payment-processor \"reserve\" balances and large customer-deposit floats are often missed when reporting unrestricted cash, inflating apparent runway.",
    "fieldType": "currency",
    "unit": null,
    "maturity": "general",
    "suggestedForStages": [
      "seriesA",
      "seriesB",
      "seriesC",
      "public"
    ],
    "defaultOwningFunctions": [
      "Finance"
    ],
    "stageRelevance": {
      "seriesA": "recommended",
      "seriesB": "recommended",
      "seriesC": "recommended",
      "public": "recommended"
    },
    "definitionSource": {
      "tier": "editorial",
      "sourceName": "imboard Editorial",
      "sourceUrl": null,
      "sectionRef": null,
      "publicationDate": "2026-04-01",
      "attributionNotice": null
    },
    "formula": "Sum of bank-account balances flagged `restricted: true` in `finance.bank_accounts_list`, plus any restricted balances held in non-bank vehicles (escrow agents, payment-processor reserve accounts).",
    "whyItMatters": "Excluded from operationally available cash and from the runway calculation — reporting it inside total cash without flagging the restriction overstates runway and can mask a covenant or liquidity issue.",
    "interpretationGuidance": "A non-trivial restricted balance (say, >5% of total cash — industry folk-wisdom, not citation-grade) usually warrants a footnote on the source of the restriction and any release schedule. Watch for restricted cash that grows faster than the corresponding operating activity (e.g. payment-processor reserves growing faster than GMV) — that often signals a tightening processor relationship.",
    "relatedKpiIds": [
      "finance.total_cash_in_bank",
      "finance.total_unrestricted_cash",
      "finance.operationally_available_cash",
      "finance.bank_accounts_list"
    ],
    "metricBasis": {
      "timeBasis": "point_in_time",
      "moneyBasis": "cash",
      "production": "primary"
    }
  }
}