Anite (LSE:AIE) Cash And Cash Equivalents : £37.0 Mil (As of Apr. 2015)

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What is Anite Cash And Cash Equivalents?

Anite's quarterly cash and cash equivalents increased from Apr. 2014 (£16.99 Mil) to Oct. 2014 (£29.79 Mil) and increased from Oct. 2014 (£29.79 Mil) to Apr. 2015 (£36.97 Mil).

Anite's annual cash and cash equivalents increased from Apr. 2013 (£16.66 Mil) to Apr. 2014 (£16.99 Mil) and increased from Apr. 2014 (£16.99 Mil) to Apr. 2015 (£36.97 Mil).

Anite Cash And Cash Equivalents Historical Data

The historical data trend for Anite's Cash And Cash Equivalents 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.

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Anite Cash And Cash Equivalents Chart

Anite Annual Data

Trend

Apr06

Apr07

Apr08

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

Apr15

Cash And Cash Equivalents

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37.67

16.95

16.66

16.99

36.97

Anite Semi-Annual Data
	Oct05	Apr06	Oct06	Apr07	Oct07	Apr08	Oct08	Apr09	Oct09	Apr10	Oct10	Apr11	Oct11	Apr12	Oct12	Apr13	Oct13	Apr14	Oct14	Apr15
Cash And Cash Equivalents	Get a 7-Day Free Trial															16.66	11.75	16.99	29.79	36.97

Anite Cash And Cash Equivalents 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.

Anite (LSE:AIE) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Anite Cash And Cash Equivalents Related Terms

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Anite (LSE:AIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Anite PLC (LSE:AIE) » Definitions » Cash And Cash Equivalents

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Address

Website

http://www.anite.com

Anite PLC is a company incorporated in United Kingdom on March 7, 1984. It is a wireless testing company engaged in developing the software and hardware helping deliver the mobile technologies. The Company provides mobile device, infrastructure and network testing systems including hardware and software. The Company operates in two segments; Handset testing and Network testing. The Handset testing is a wireless test system enabling manufacturers to design efficient chipsets, mobile devices and network equipment. The Network testing technology enables mobile network operators and manufacturers to test and optimise their networks. The Company's Handset testing products include; Development Testing, Conformance Testing, Interoperability Testing, Propsim OTA Testing, Propsim Virtual Drive Testing, Propsim 802.11ac/n Testing, Propsim MANET Testing, Propsim Aerospace Testing, & Triton. The Company's Network testing products include; Nemo Outdoor, Nemo Handy, Nemo Walker Air, Nemo Invex, Nemo FSR1, Nemo Autonomous, Nemo Commander, Nemo Analyze, Nemo CEM Observer, and Nemo CEM Solution. Its customers include Device manufacturers, Chipset manufacturers, Mobile network operators, Mobile network operators, and Independent test companies.

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