AZ Electronic Materials (LSE:ZEMA) Cash, Cash Equivalents, Marketable Securities : £66.86 Mil (As of Dec. 2013)

View and export this data going back to . Start your Free Trial

What is AZ Electronic Materials Cash, Cash Equivalents, Marketable Securities?

AZ Electronic Materials's quarterly cash, cash equivalents, marketable securities declined from Dec. 2012 (£67.84 Mil) to Jun. 2013 (£60.82 Mil) but then increased from Jun. 2013 (£60.82 Mil) to Dec. 2013 (£66.86 Mil).

AZ Electronic Materials's annual cash, cash equivalents, marketable securities declined from Dec. 2011 (£95.02 Mil) to Dec. 2012 (£67.84 Mil) and declined from Dec. 2012 (£67.84 Mil) to Dec. 2013 (£66.86 Mil).

AZ Electronic Materials Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for AZ Electronic Materials's Cash, Cash Equivalents, Marketable Securities 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.

AZ Electronic Materials Cash, Cash Equivalents, Marketable Securities Chart

AZ Electronic Materials Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Cash, Cash Equivalents, Marketable Securities

99.50

85.70

95.02

67.84

66.86

AZ Electronic Materials Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			95.02	97.22	67.84	60.82	66.86

AZ Electronic Materials 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.

AZ Electronic Materials (LSE:ZEMA) 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.

AZ Electronic Materials Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of AZ Electronic Materials's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

AZ Electronic Materials (LSE:ZEMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AZ Electronic Materials SA (LSE:ZEMA) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.azem.com

AZ Electronic Materials SA is a Luxembourg- based company engaged in producing and supplying specialty chemicals. It focuses on three business areas Integrated Circuits which involves dielectrics, underlayers, yield enhancers, CMP slurries and pattern enhancers, Display Materials and AZ products such as specialty chemicals and materials used in integrated circuits and devise as well as flat panel displays and photolithographic printing.

AZ Electronic Materials (LSE:ZEMA) Headlines

No Headlines