What is Comdisco Holding Co Cash And Cash Equivalents?
Comdisco Holding Co's quarterly cash and cash equivalents
declined
from Mar. 2014 ($32.65 Mil) to Jun. 2014 ($32.53 Mil) but then
stayed the same
from Jun. 2014 ($32.53 Mil) to Sep. 2014 ($31.99 Mil).
Comdisco Holding Co's annual cash and cash equivalents
declined
from Sep. 2012 ($29.35 Mil) to Sep. 2013 ($27.67 Mil) but then
increased
from Sep. 2013 ($27.67 Mil) to Sep. 2014 ($31.99 Mil).
Comdisco Holding Co Cash And Cash Equivalents Historical Data
The historical data trend for Comdisco Holding Co'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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Comdisco Holding Co Cash And Cash Equivalents Chart
Comdisco Holding Co 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.
Comdisco Holding Co (OTCPK:CDCO) 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.
Comdisco Holding Co Cash And Cash Equivalents Related Terms
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Comdisco Holding Co (Comdisco Holding Co) Business Description
Comdisco Holding Company, Inc. was formed on August 8, 2002 for the purpose of selling, collecting or otherwise reducing to money in an orderly manner the remaining assets of the Company and all of its direct and indirect subsidiaries, including Comdisco, Inc. Comdisco emerged from chapter 11 bankruptcy proceedings on August 12, 2002. Prior to the bankruptcy, Comdisco, Inc. provided technology services worldwide to help its customers maximize technology functionality, predictability, and availability, while freeing them from the complexity of managing their technology. Comdisco, Inc. offered leasing to key vertical industries, including semiconductor manufacturing and electronic assembly, healthcare, telecommunications, pharmaceutical, biotechnology and manufacturing. Through its Comdisco Ventures group, Comdisco, Inc. provided equipment leasing and other financing and services to venture capital-backed companies. The Company is engaged in selling, collecting or reducing its remaining assets to money as per its reorganization plan.
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