Empire Resources (Empire Resources) Beginning Cash Position : $5.7 Mil (As of Dec. 2016)

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What is Empire Resources Beginning Cash Position?

Empire Resources's Beginning Cash Position for the quarter that ended in Dec. 2016 was $5.7 Mil.

Empire Resources's quarterly Beginning Cash Position declined from Jun. 2016 ($8.6 Mil) to Sep. 2016 ($6.3 Mil) and declined from Sep. 2016 ($6.3 Mil) to Dec. 2016 ($5.7 Mil).

Empire Resources's annual Beginning Cash Position declined from Dec. 2014 ($2.4 Mil) to Dec. 2015 ($1.0 Mil) but then increased from Dec. 2015 ($1.0 Mil) to Dec. 2016 ($7.2 Mil).

Empire Resources Beginning Cash Position Historical Data

The historical data trend for Empire Resources's Beginning Cash Position 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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Empire Resources Beginning Cash Position Chart

Empire Resources Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Beginning Cash Position

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4.28

3.17

2.40

1.03

7.17

Empire Resources Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Beginning Cash Position	Get a 7-Day Free Trial															5.48	7.30	8.64	6.34	5.70

Empire Resources Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Empire Resources Beginning Cash Position Related Terms

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Empire Resources (Empire Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Empire Resources Inc (NAS:ERS) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.empireresources.com

Empire Resources Inc was incorporated in the State of Delaware in 1990 under the name Integrated Technology USA, Inc. On September 17, 1999, the Company merged with Empire Resources, Inc. a distributor of value added, semi-finished aluminum products. Since the merger, the Company has continued the business of Empire under the name of Empire Resources, Inc. The Company is engaged in the purchase, sale and distribution of semi-finished aluminum and steel products to customer base located in the Americas, Europe, Australia and New Zealand. The Company sells its products through its own marketing and sales personnel and its independent sales agents who are located in North America and in Europe. The Company's semi-finished aluminum and steel products which are produced by processing aluminum or steel and/or aluminum scrap. A product is considered 'semi-finished' if it has not yet been converted into a final end product. Semi-finished aluminum products include aluminum sheet, coil, plate and foil, rod, bar and wire, extruded and cast products. The Company provides many of these forms of semi-finished aluminum products to its customers. The Company sells its products mainly through its own marketing and sales personnel. In addition, it sells less than 10% of its products through independent sales agents. The Company serves more than 300 customers in industries, such as distribution, transportation, automobile, housing, appliances and packaging. Its competitors include aluminum producers and rolling mills. Its competitors include: Alcoa Inc. and Aleris Rolled Products, Inc. The Company is subject to governmental regulations governing imports, in particular regulations governing the imposition of tariffs and antidumping and other duties.

Executives

Leon G Cooperman	10 percent owner	7118 MELROSE CASTLE LANE, BOCA RATON FL 33496
Jack Bendheim	director	C/O EMPIRE RESOURCES, INC., 1 PARKER PLAZA, SUIET 10, FORT LEE NJ 07024
Nathan Mazurek	director	C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024
Douglas Kass	director	C/O EMPIRE RESOURCES, INC., ONE PARKER PLAZA, FORT LEE NJ 07024

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