What is Fuel Systems Solutions Cash, Cash Equivalents, Marketable Securities?
Fuel Systems Solutions's quarterly cash, cash equivalents, marketable securities
increased
from Sep. 2015 ($61.04 Mil) to Dec. 2015 ($61.16 Mil) but then
stayed the same
from Dec. 2015 ($61.16 Mil) to Mar. 2016 ($49.54 Mil).
Fuel Systems Solutions's annual cash, cash equivalents, marketable securities
declined
from Dec. 2013 ($95.58 Mil) to Dec. 2014 ($91.79 Mil) and
declined
from Dec. 2014 ($91.79 Mil) to Dec. 2015 ($61.16 Mil).
Fuel Systems Solutions Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for Fuel Systems Solutions'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.
Fuel Systems Solutions Cash, Cash Equivalents, Marketable Securities Chart
Fuel Systems Solutions 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.
Fuel Systems Solutions (NAS:FSYS) 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.
Fuel Systems Solutions Cash, Cash Equivalents, Marketable Securities Related Terms
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Fuel Systems Solutions (Fuel Systems Solutions) Business Description
Fuel Systems Solutions Inc was incorporated in 1985. The Company designs, manufactures and supplies alternative fuel components and systems for use in the transportation and industrial markets. Its components and systems control the pressure and flow of gaseous alternative fuels, such as propane and natural gas used in internal combustion engines. The Company is directly involved in two markets: automotive and industrial. Industrial segment consists of the Company's industrial mobile and stationary equipment and auxiliary power unit (APU), and the Company's heavy duty commercial transportation operations. Automotive segment consists of the Company's passenger and light duty commercial transportation (automotive OEM and aftermarket) and transportation infrastructure operations (compressors). Its products include gaseous fuel regulators, fuel shut-off valves, fuel metering and delivery systems, complete engine systems, auxiliary power systems and electronic controls for use in internal combustion engines for the transportation, industrial and power generation markets. It sells products through a network encompassing distributors and dealers in more than 60 countries and through a sales force that develops sales with distributors, OEMs and end-users. It manufactures and assembles a majority of its products at its facilities in Santa Ana, California, Union City, Indiana, Kitchener, Canada, Beccar, Argentina and Cherasco, Italy and to a lesser extent at some of its other international facilities. Its competitors in gaseous fuel delivery products, accessory components and engine conversions markets include Westport Innovations Inc. located in Canada; Enovation Controls LLC and Woodward, Inc. located in North America; Landi Group and O.M.T. Tartarini, S.r.L. located in Italy; and Nikki Company Ltd. located in Japan.
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