BLLYW (Bally Total Fitness Holding) Cash, Cash Equivalents, Marketable Securities : $70.76 Mil (As of Jun. 2007)

Bally Total Fitness Holding Cash, Cash Equivalents, Marketable Securities Chart

Bally Total Fitness Holding Annual Data
	Trend	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06
Cash, Cash Equivalents, Marketable Securities		Get a 7-Day Free Trial					-	-	-	17.45	34.80

Bally Total Fitness Holding Quarterly Data
	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															15.16	30.22	34.80	71.87	70.76

Bally Total Fitness Holding Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Bally Total Fitness Holding  (GREY:BLLYW) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Bally Total Fitness Holding Cash, Cash Equivalents, Marketable Securities Related Terms

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Bally Total Fitness Holding Business Description