Layne Christensen Co (Layne Christensen Co) Cash And Cash Equivalents : $17.8 Mil (As of Apr. 2018)

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What is Layne Christensen Co Cash And Cash Equivalents?

Layne Christensen Co's quarterly cash and cash equivalents increased from Oct. 2017 ($26.09 Mil) to Jan. 2018 ($32.04 Mil) but then stayed the same from Jan. 2018 ($32.04 Mil) to Apr. 2018 ($17.81 Mil).

Layne Christensen Co's annual cash and cash equivalents increased from Jan. 2016 ($65.57 Mil) to Jan. 2017 ($69.00 Mil) but then declined from Jan. 2017 ($69.00 Mil) to Jan. 2018 ($32.04 Mil).

Layne Christensen Co Cash And Cash Equivalents Historical Data

The historical data trend for Layne Christensen 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.

* Premium members only.

Layne Christensen Co Cash And Cash Equivalents Chart

Layne Christensen Co Annual Data

Trend

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Cash And Cash Equivalents

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30.91

21.66

65.57

69.00

32.04

Layne Christensen Co Quarterly Data
	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18
Cash And Cash Equivalents	Get a 7-Day Free Trial															54.60	34.18	26.09	32.04	17.81

Layne Christensen 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.

Layne Christensen Co (NAS:LAYN) 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.

Layne Christensen Co Cash And Cash Equivalents Related Terms

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Layne Christensen Co (Layne Christensen Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Layne Christensen Co (NAS:LAYN) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Website

http://www.layne.com

Layne Christensen Co started more than 100 years ago as a water-well drilling company, and over the years, it has expanded to include water treatment and infrastructure construction services, and mineral exploration drilling services. In 2002, the company entered the energy industry and now develops and produces gas from tight shales and coal seams.

Executives

Nesser John T Iii	director	777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Alan Krusi	director	AECOM, 555 SOUTH FLOWER ST. 37TH FLOOR, LOS ANGELES CA 90071
J Michael Anderson	officer: Senior Vice President and CFO
Brown David A B	director
Michael J Caliel	director	1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Nelson Obus	director
Wynnefield Small Cap Value Offshore Fund Ltd	other: Affiliate	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Capital Inc	other: Affiliate	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp	other: Affiliate	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Management Llc	other: Affiliate	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I	other: Affiliate	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes	other: Affiliate
Andrew B Schmitt	director	1900 SHAWNEE MISSION PKWY, MISSION WOODS KS 66205
Donald K Miller	director
Wynnefield Capital, Inc. Profit Sharing Plan	director, 10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123