Metal Storm (Metal Storm) Cash And Cash Equivalents : $0.49 Mil (As of Dec. 2011)

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What is Metal Storm Cash And Cash Equivalents?

Metal Storm's quarterly cash and cash equivalents increased from Dec. 2009 ($0.06 Mil) to Dec. 2010 ($1.16 Mil) but then stayed the same from Dec. 2010 ($1.16 Mil) to Dec. 2011 ($0.49 Mil).

Metal Storm's annual cash and cash equivalents increased from Dec. 2009 ($0.06 Mil) to Dec. 2010 ($1.16 Mil) but then declined from Dec. 2010 ($1.16 Mil) to Dec. 2011 ($0.49 Mil).

Metal Storm Cash And Cash Equivalents Historical Data

The historical data trend for Metal Storm'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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Metal Storm Cash And Cash Equivalents Chart

Metal Storm Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Cash And Cash Equivalents

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12.84

5.09

0.06

1.16

0.49

Metal Storm Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Cash And Cash Equivalents	Get a 7-Day Free Trial							12.84	5.09	0.06	1.16	0.49

Metal Storm 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.

Metal Storm (OTCPK:MTSXY) 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.

Metal Storm Cash And Cash Equivalents Related Terms

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Metal Storm (Metal Storm) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Metal Storm Ltd (OTCPK:MTSXY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Website

http://www.metalstorm.com

Metal Storm Ltd is incorporated under the laws of Australia on April 13, 1994. The company is a defence technology company engaged in the development of electronically initiated ballistics systems using its stacked round technology. Its technology is an electronically initiated, stacked projectile system which removes the mechanical steps required to fire a conventional weapon. Effectively, the only parts that move in Metal Storm's technology are the projectiles contained within the barrels. Multiple projectiles are stacked in a barrel, each separated by a propellant load. Its products include 3GL - 3 shot grenade launcher, FireStorm, MAUL, Redback, Munitions and Component weapon systems. The company also provides Research and Development as well as Consulting and Integration Services.

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