SofTech (SofTech) Cash And Cash Equivalents : $0.35 Mil (As of Nov. 2016)

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What is SofTech Cash And Cash Equivalents?

SofTech's quarterly cash and cash equivalents declined from May. 2016 ($0.18 Mil) to Aug. 2016 ($0.09 Mil) but then increased from Aug. 2016 ($0.09 Mil) to Nov. 2016 ($0.35 Mil).

SofTech's annual cash and cash equivalents declined from May. 2014 ($1.21 Mil) to May. 2015 ($0.31 Mil) and declined from May. 2015 ($0.31 Mil) to May. 2016 ($0.18 Mil).

SofTech Cash And Cash Equivalents Historical Data

The historical data trend for SofTech'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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SofTech Cash And Cash Equivalents Chart

SofTech Annual Data

Trend

May06

May07

May08

May09

May11

May12

May13

May14

May15

May16

Cash And Cash Equivalents

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0.60

1.19

1.21

0.31

0.18

SofTech Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.10	0.07	0.18	0.09	0.35

SofTech 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.

SofTech (OTCPK:SOFT) 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.

SofTech Cash And Cash Equivalents Related Terms

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SofTech (SofTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SofTech Inc (OTCPK:SOFT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854

Website

http://www.softech.com

SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.

Executives

Joseph Patrick Daly	10 percent owner	497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper	director

SofTech (SofTech) Headlines

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