Country Road (ASX:CTY) Cash And Cash Equivalents : A$95.1 Mil (As of Dec. 2013)

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What is Country Road Cash And Cash Equivalents?

Country Road's quarterly cash and cash equivalents increased from Dec. 2012 (A$70.42 Mil) to Jun. 2013 (A$95.29 Mil) but then stayed the same from Jun. 2013 (A$95.29 Mil) to Dec. 2013 (A$95.05 Mil).

Country Road's annual cash and cash equivalents increased from Jun. 2011 (A$14.90 Mil) to Jun. 2012 (A$24.42 Mil) and increased from Jun. 2012 (A$24.42 Mil) to Jun. 2013 (A$95.29 Mil).

Country Road Cash And Cash Equivalents Historical Data

The historical data trend for Country Road'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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Country Road Cash And Cash Equivalents Chart

Country Road Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Cash And Cash Equivalents

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25.80

2.47

14.90

24.42

95.29

Country Road Semi-Annual Data
	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
Cash And Cash Equivalents	Get a 7-Day Free Trial															26.70	24.42	70.42	95.29	95.05

Country Road 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.

Country Road (ASX:CTY) 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.

Country Road Cash And Cash Equivalents Related Terms

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Country Road (ASX:CTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Country Road Ltd (ASX:CTY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.countryroad.com.au

Country Road Limited is involved in the retail of fashion apparel, accessories, home wares and home furnishings. It offers dresses, jackets and coats, jeans, cosmetic bags, belts, handbags, hats and gloves, bath products, among others.

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