Progressive Waste Solutions (TSX:BIN) Cash And Cash Equivalents : C$58 Mil (As of Mar. 2016)

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What is Progressive Waste Solutions Cash And Cash Equivalents?

Progressive Waste Solutions's quarterly cash and cash equivalents increased from Sep. 2015 (C$45.93 Mil) to Dec. 2015 (C$49.07 Mil) and increased from Dec. 2015 (C$49.07 Mil) to Mar. 2016 (C$58.09 Mil).

Progressive Waste Solutions's annual cash and cash equivalents increased from Dec. 2013 (C$34.02 Mil) to Dec. 2014 (C$48.02 Mil) and increased from Dec. 2014 (C$48.02 Mil) to Dec. 2015 (C$49.07 Mil).

Progressive Waste Solutions Cash And Cash Equivalents Historical Data

The historical data trend for Progressive Waste Solutions'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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Progressive Waste Solutions Cash And Cash Equivalents Chart

Progressive Waste Solutions Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

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Dec15

Cash And Cash Equivalents

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14.48

29.64

34.02

48.02

49.07

Progressive Waste Solutions Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Cash And Cash Equivalents	Get a 7-Day Free Trial															46.60	49.01	45.93	49.07	58.09

Progressive Waste Solutions 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.

Progressive Waste Solutions (TSX:BIN) 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.

Progressive Waste Solutions Cash And Cash Equivalents Related Terms

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Progressive Waste Solutions (TSX:BIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Progressive Waste Solutions Ltd (TSX:BIN) » Definitions » Cash And Cash Equivalents

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Address

Website

http://www.progressivewaste.com

Progressive Waste Solutions Ltd was incorporated on May 20, 2009 under the provisions of the Business Corporations Act (Ontario). The Company provides vertically integrated non-hazardous solid waste services to commercial, industrial, municipal and residential customers in Canada and the U.S. The Company carries on business through three geographic segments: Canada, the U.S. South and the U.S. Northeast. The business segments are vertically integrated and their operations include the collection and disposal of waste and recyclable materials, transfer station operations, material recovery facilities, landfills and landfill gas to energy facilities.

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