Avesco Group (Avesco Group) Cash And Cash Equivalents : $32.72 Mil (As of Mar. 2016)

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What is Avesco Group Cash And Cash Equivalents?

Avesco Group's quarterly cash and cash equivalents increased from Mar. 2015 ($15.54 Mil) to Sep. 2015 ($19.55 Mil) and increased from Sep. 2015 ($19.55 Mil) to Mar. 2016 ($32.72 Mil).

Avesco Group's annual cash and cash equivalents declined from Sep. 2013 ($69.36 Mil) to Sep. 2014 ($14.76 Mil) but then increased from Sep. 2014 ($14.76 Mil) to Sep. 2015 ($19.55 Mil).

Avesco Group Cash And Cash Equivalents Historical Data

The historical data trend for Avesco Group'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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Avesco Group Cash And Cash Equivalents Chart

Avesco Group Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Cash And Cash Equivalents

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11.83

7.01

69.36

14.76

19.55

Avesco Group Semi-Annual Data
	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16
Cash And Cash Equivalents	Get a 7-Day Free Trial															11.62	14.76	15.54	19.55	32.72

Avesco Group 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.

Avesco Group (OTCPK:AVGPF) 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.

Avesco Group Cash And Cash Equivalents Related Terms

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Avesco Group (Avesco Group) Business Description

Industry

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Address

Website

http://www.avesco.com

Avesco Group PLC was incorporated on February 2, 1984. The Company provides services to the corporate presentation, entertainment and broadcast markets. Its operating business segments are Creative Technology, Full Service and Broadcast Services. The creative technology provides specialist AV services and equipment to the live events, broadcast and entertainment markets. The full service segment provides full technical support for conferences, sports, music, corporate and television programs. The broadcast services segment provides broadcast equipment, systems and services to the broadcast industry. The Company has operations in the United Kingdom, Mainland Europe, United States of America, and other part of the World.

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