Prism Medical (Prism Medical) Cash, Cash Equivalents, Marketable Securities : $4.02 Mil (As of May. 2016)

Prism Medical Cash, Cash Equivalents, Marketable Securities Chart

Prism Medical Annual Data
	Trend	Nov06	Nov07	Nov08	Nov09	Nov10	Nov11	Nov12	Nov13	Nov14	Nov15
Cash, Cash Equivalents, Marketable Securities		Get a 7-Day Free Trial					3.04	1.39	1.97	5.74	0.45

Prism Medical Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															4.10	1.06	0.45	0.68	4.02

Prism Medical 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.

Prism Medical  (OTCPK:PSDLF) 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.

Prism Medical Cash, Cash Equivalents, Marketable Securities Related Terms

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Prism Medical (Prism Medical) Business Description