Noble Investments (UK) (LSE:NBL) Cash And Cash Equivalents : £4.17 Mil (As of Feb. 2013)

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What is Noble Investments (UK) Cash And Cash Equivalents?

Noble Investments (UK)'s quarterly cash and cash equivalents increased from Feb. 2012 (£0.00 Mil) to Aug. 2012 (£2.25 Mil) and increased from Aug. 2012 (£2.25 Mil) to Feb. 2013 (£4.17 Mil).

Noble Investments (UK)'s annual cash and cash equivalents declined from Aug. 2010 (£3.50 Mil) to Aug. 2011 (£1.46 Mil) but then increased from Aug. 2011 (£1.46 Mil) to Aug. 2012 (£2.25 Mil).

Noble Investments (UK) Cash And Cash Equivalents Historical Data

The historical data trend for Noble Investments (UK)'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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Noble Investments (UK) Cash And Cash Equivalents Chart

Noble Investments (UK) Annual Data

Trend

Aug03

Aug04

Aug05

Aug06

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Cash And Cash Equivalents

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3.87

2.73

3.50

1.46

2.25

Noble Investments (UK) Semi-Annual Data
	Aug03	Feb04	Aug04	Feb05	Aug05	Feb06	Aug06	Feb07	Aug07	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	1.46	-	2.25	4.17

Noble Investments (UK) 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.

Noble Investments (UK) (LSE:NBL) 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.

Noble Investments (UK) Cash And Cash Equivalents Related Terms

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Noble Investments (UK) (LSE:NBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Noble Investments (UK) PLC (LSE:NBL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.nobleinvestmentsplc.com

Noble Investments (UK) PLC is engaged in collectibles retail trading and auctions, including rare coins, stamps, tokens, medals and banknotes. Its two segments are Retail trading and related; and Auctions, commissions and fees. Its provides personalized consultancy services to collectors and dealers in English, Ancient and Foreign coins, Commemorative medals and World tokens, Numismatic and Philatelic Books, Banknotes and Paper Ephemera, Military orders and decorations, and World stamps. It operates under Baldwins's and Apex brands. The group has operations in United Kingdom, North America, Europe, and in other part of the world.