Silic (LTS:0MGK) Cash And Cash Equivalents : €11.8 Mil (As of Jun. 2013)

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What is Silic Cash And Cash Equivalents?

Silic's quarterly cash and cash equivalents declined from Jun. 2012 (€7.82 Mil) to Dec. 2012 (€7.63 Mil) but then increased from Dec. 2012 (€7.63 Mil) to Jun. 2013 (€11.76 Mil).

Silic's annual cash and cash equivalents declined from Dec. 2010 (€7.12 Mil) to Dec. 2011 (€6.60 Mil) but then increased from Dec. 2011 (€6.60 Mil) to Dec. 2012 (€7.63 Mil).

Silic Cash And Cash Equivalents Historical Data

The historical data trend for Silic'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.

* Premium members only.

Silic Cash And Cash Equivalents Chart

Silic Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash And Cash Equivalents

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15.41

6.98

7.12

6.60

7.63

Silic Semi-Annual Data
	Dec09	Jun10	Dec10	Dec11	Jun12	Dec12	Jun13
Cash And Cash Equivalents	Get a 7-Day Free Trial			7.12	6.60	7.82	7.63	11.76

Silic 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.

Silic (LTS:0MGK) 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.

Silic Cash And Cash Equivalents Related Terms

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Silic (LTS:0MGK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Silic (LTS:0MGK) » Definitions » Cash And Cash Equivalents

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Address

Website

http://www.silic.fr

Silic is engaged in the development, ownership, and operation of Business Parks. The company's investment portfolio includes, Business Parks, Multi-purpose business parks, and Retail parks.

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