China Auto Logistics (China Auto Logistics) Cash And Cash Equivalents

: $5.7 Mil (As of Sep. 2017)

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China Auto Logistics's quarterly cash and cash equivalents declined from Mar. 2017 ($3.00 Mil) to Jun. 2017 ($1.57 Mil) but then increased from Jun. 2017 ($1.57 Mil) to Sep. 2017 ($5.74 Mil).

China Auto Logistics's annual cash and cash equivalents declined from Dec. 2014 ($7.79 Mil) to Dec. 2015 ($7.12 Mil) and declined from Dec. 2015 ($7.12 Mil) to Dec. 2016 ($3.01 Mil).

China Auto Logistics Cash And Cash Equivalents Historical Data

The historical data trend for China Auto Logistics's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Auto Logistics Annual Data

Trend

Nov07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash And Cash Equivalents

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8.89

15.04

7.79

7.12

3.01

China Auto Logistics Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.39	3.01	3.00	1.57	5.74

China Auto Logistics Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

China Auto Logistics (OTCPK:CALIQ) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

China Auto Logistics Cash And Cash Equivalents Related Terms

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China Auto Logistics (China Auto Logistics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Auto Logistics Inc (OTCPK:CALIQ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

86 Tianbao Avenue, Floor 1 FTZ International Auto Mall, Free Trade Zone, Tianjin, CHN, 300461

Website

http://www.chinaautologisticsinc.com

China Auto Logistics Inc is the wholesaler of imported luxury automobiles. The company's operating segment includes Sales of Automobiles; Financing Services and Other Services. It generates maximum revenue from the Sales of Automobiles segment. Entire revenue from operations of the company is generated in China. The company also delivers logistics services related to the automobile importing process and other automobile value-added services, such as assistance with customs clearance, storage, and nationwide delivery services.