Signature Eyewear (Signature Eyewear) Cash And Cash Equivalents : $0.41 Mil (As of Apr. 2011)

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What is Signature Eyewear Cash And Cash Equivalents?

Signature Eyewear's quarterly cash and cash equivalents declined from Oct. 2010 ($0.43 Mil) to Jan. 2011 ($0.39 Mil) but then increased from Jan. 2011 ($0.39 Mil) to Apr. 2011 ($0.41 Mil).

Signature Eyewear's annual cash and cash equivalents increased from Oct. 2008 ($0.31 Mil) to Oct. 2009 ($0.43 Mil) but then declined from Oct. 2009 ($0.43 Mil) to Oct. 2010 ($0.43 Mil).

Signature Eyewear Cash And Cash Equivalents Historical Data

The historical data trend for Signature Eyewear'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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Signature Eyewear Cash And Cash Equivalents Chart

Signature Eyewear Annual Data

Trend

Oct01

Oct02

Oct03

Oct04

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Cash And Cash Equivalents

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0.55

0.46

0.31

0.43

Signature Eyewear Quarterly Data
	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.62	0.40	0.43	0.39	0.41

Signature Eyewear 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.

Signature Eyewear (OTCPK:SEYE) 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.

Signature Eyewear Cash And Cash Equivalents Related Terms

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Signature Eyewear (Signature Eyewear) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Signature Eyewear Inc (OTCPK:SEYE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

317 Isis Avenue 207, Inglewood, CA, USA, 90301

Website

http://www.signatureeyewear.com

Signature Eyewear Inc designs, markets and distributes prescription eyeglass frames and sunwear under brand name licenses. Through its partnerships with Bobby Jones, Carmen Marc Valvo, Cutter & Buck, Dakota Smith, Hart Schaffner Marx, Hickey Freeman Laura Ashley, Laura Ashley Girls, Michael Stars, and Rough Justice, and the company brings quality products and distinct designs to the optical marketplace.

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