Zodiac Aerospace (Zodiac Aerospace) Cash, Cash Equivalents, Marketable Securities : $807 Mil (As of Aug. 2017)

Zodiac Aerospace Cash, Cash Equivalents, Marketable Securities Chart

Zodiac Aerospace Annual Data
	Trend	Aug08	Aug09	Aug10	Aug11	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17
Cash, Cash Equivalents, Marketable Securities		Get a 7-Day Free Trial					208.84	222.01	182.20	301.32	807.28

Zodiac Aerospace Semi-Annual Data
	Aug07	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															182.20	150.52	301.32	510.02	807.28

Zodiac Aerospace 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.

Zodiac Aerospace  (OTCPK:ZODFY) 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.

Zodiac Aerospace Cash, Cash Equivalents, Marketable Securities Related Terms

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Zodiac Aerospace (Zodiac Aerospace) Business Description