Telestone Technologies (Telestone Technologies) Cash And Cash Equivalents : $8.54 Mil (As of Dec. 2012)

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What is Telestone Technologies Cash And Cash Equivalents?

Telestone Technologies's quarterly cash and cash equivalents increased from Jun. 2012 ($7.67 Mil) to Sep. 2012 ($9.32 Mil) but then stayed the same from Sep. 2012 ($9.32 Mil) to Dec. 2012 ($8.54 Mil).

Telestone Technologies's annual cash and cash equivalents declined from Dec. 2010 ($31.02 Mil) to Dec. 2011 ($18.85 Mil) and declined from Dec. 2011 ($18.85 Mil) to Dec. 2012 ($8.54 Mil).

Telestone Technologies Cash And Cash Equivalents Historical Data

The historical data trend for Telestone Technologies'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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Telestone Technologies Cash And Cash Equivalents Chart

Telestone Technologies Annual Data

Trend

Dec03

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Dec08

Dec09

Dec10

Dec11

Dec12

Cash And Cash Equivalents

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7.87

11.23

31.02

18.85

8.54

Telestone Technologies Quarterly Data
	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
Cash And Cash Equivalents	Get a 7-Day Free Trial															18.85	12.17	7.67	9.32	8.54

Telestone Technologies 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.

Telestone Technologies (OTCPK:TSTC) 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.

Telestone Technologies Cash And Cash Equivalents Related Terms

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Telestone Technologies (Telestone Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telestone Technologies Corp (OTCPK:TSTC) » Definitions » Cash And Cash Equivalents

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Address

Website

http://www.telestone.com

Telestone Technologies Corp was organized under the laws of the State of Colorado in February 1987 under the name Shield Enterprises, Inc. In August 2004, TSTC reincorporated in the State of Delaware under the name Telestone Technologies Corporation. It provides access network solutions in China. The company's access network solutions include the research and development and application of access-network technology. In addition to its homegrown access-network equipment, which includes repeaters, antennas, and radio-frequency peripherals, the company offers project design, project management, installation, maintenance, and other after sales services to its customers. The company offers WFDS, a next generation wireless distribution system. WFDS is an all-optical network that combines the technologies of both wireless and optical telecommunications. As of December 31, 2011, it completed 499 WFDS installations. The company designs and sells electronic equipment used to provide access-network solutions to its customers. Many of these types of equipment, including WFDS products, RFPA products, passive components and base station antennas for 2G, 3G, Broadband access and CATV networks, are specialized active microwave components designed to meet the needs of its customers.The company provides systems integration services to its customers. The primary systems integration services provided to the company's customers are project design and engineering, specifically, the development and design of indoor and outdoor wireless signal complementary coverage solutions and their applied products. The company also markets its products to 29 countries, including the United States, Vietnam, Mexico, Brazil, Russia, India, the Philippines, Thailand, Ireland, Ecuador, Mongolia, South Africa, Turkey, Indonesia, Colombia, Costa Rica, Argentina, Ukraine, Kazakhstan, Singapore, South Korea, Hong Kong, Saudi Arabia, New Zealand, Bangladesh, the United Arab Emirates, Canada, and Iceland.

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