Isle of Capri Casinos (Isle of Capri Casinos) Cash And Cash Equivalents : $54 Mil (As of Jan. 2017)

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What is Isle of Capri Casinos Cash And Cash Equivalents?

Isle of Capri Casinos's quarterly cash and cash equivalents declined from Jul. 2016 ($63.93 Mil) to Oct. 2016 ($53.93 Mil) but then increased from Oct. 2016 ($53.93 Mil) to Jan. 2017 ($54.04 Mil).

Isle of Capri Casinos's annual cash and cash equivalents declined from Apr. 2014 ($69.83 Mil) to Apr. 2015 ($66.44 Mil) and declined from Apr. 2015 ($66.44 Mil) to Apr. 2016 ($62.13 Mil).

Isle of Capri Casinos Cash And Cash Equivalents Historical Data

The historical data trend for Isle of Capri Casinos'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.

* Premium members only.

Isle of Capri Casinos Cash And Cash Equivalents Chart

Isle of Capri Casinos Annual Data

Trend

Apr07

Apr08

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Cash And Cash Equivalents

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94.46

68.47

69.83

66.44

62.13

Isle of Capri Casinos Quarterly Data
	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17
Cash And Cash Equivalents	Get a 7-Day Free Trial															59.80	62.13	63.93	53.93	54.04

Isle of Capri Casinos 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.

Isle of Capri Casinos (NAS:ISLE) 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.

Isle of Capri Casinos Cash And Cash Equivalents Related Terms

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Isle of Capri Casinos (Isle of Capri Casinos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Isle of Capri Casinos Inc (NAS:ISLE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.isleofcapricasinos.com

Isle of Capri operates 13 casinos in the United States, in cities ranging from Lula, Miss., to Kansas City, Mo., three casinos in the United Kingdom, and one in the Bahamas. The firm's casinos are regionally or locally focused, aiming to offer a fun entertainment alternative. Founded in 1990 and based in St. Louis, the company employs about 8,500 people.

Executives

Quatmann Edmund L Jr	officer: Chief Legal Officer	600 EMERSON ROAD, SUITE 300, ST. LOUIS MO 63141
Gregory J. Kozicz	director	8800 PAGE AVENUE, ST.LOUIS MO 63114
Bonnie Biumi	director	RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Lee S Wielansky	director	PAUL HASTINGS, 75 EAST 55TH STREET, NEW YORK NY 10022
Eric L Hausler	officer: Chief Executive Officer	C/O TRUMP ENTERTAINMENT RESORTS, 1000 BOARDWALK, ATLANTIC CITY NJ 08401
Scott E Schubert	director	C/O SONUS NETWORKS, INC., 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
James Perry	officer: Executive Chairman