Fonciere Sepric (XPAR:SPRIC) Cash And Cash Equivalents : €1.29 Mil (As of Dec. 2014)

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What is Fonciere Sepric Cash And Cash Equivalents?

Fonciere Sepric's quarterly cash and cash equivalents increased from Jun. 2011 (€7.07 Mil) to Jun. 2012 (€10.71 Mil) but then stayed the same from Jun. 2012 (€10.71 Mil) to Dec. 2014 (€1.29 Mil).

Fonciere Sepric's annual cash and cash equivalents increased from Jun. 2011 (€7.07 Mil) to Jun. 2012 (€10.71 Mil) but then declined from Jun. 2012 (€10.71 Mil) to Dec. 2014 (€1.29 Mil).

Fonciere Sepric Cash And Cash Equivalents Historical Data

The historical data trend for Fonciere Sepric'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.

Fonciere Sepric Cash And Cash Equivalents Chart

Fonciere Sepric Annual Data

Trend

Dec08

Jun10

Jun11

Jun12

Dec14

Cash And Cash Equivalents

6.75

4.66

7.07

10.71

1.29

Fonciere Sepric Semi-Annual Data
	Dec08	Jun10	Jun11	Jun12	Dec14
Cash And Cash Equivalents	6.75	4.66	7.07	10.71	1.29

Fonciere Sepric 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.

Fonciere Sepric (XPAR:SPRIC) 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.

Fonciere Sepric Cash And Cash Equivalents Related Terms

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Fonciere Sepric (XPAR:SPRIC) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.foncieresepric.com

Fonciere Sepric SA specializes in the promotion of commercial buildings on the outskirts of town, is the only listed property purely invested in business assets located in retail parks in commercial real estate in France and Switzerland.

Fonciere Sepric (XPAR:SPRIC) Headlines

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