Poseidon Concepts (Poseidon Concepts) Cash And Cash Equivalents

: $3.5 Mil (As of Sep. 2012)

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Poseidon Concepts's quarterly cash and cash equivalents increased from Mar. 2012 ($1.84 Mil) to Jun. 2012 ($11.79 Mil) but then stayed the same from Jun. 2012 ($11.79 Mil) to Sep. 2012 ($3.54 Mil).

Poseidon Concepts Cash And Cash Equivalents Historical Data

The historical data trend for Poseidon Concepts'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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Poseidon Concepts Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Cash And Cash Equivalents

Poseidon Concepts Quarterly Data
	Dec06	Dec07	Dec08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Cash And Cash Equivalents											-	-	1.84	11.79	3.54

Poseidon Concepts 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.

Poseidon Concepts (GREY:POOSF) 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.

Poseidon Concepts Cash And Cash Equivalents Related Terms

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Poseidon Concepts (Poseidon Concepts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Poseidon Concepts Corp (GREY:POOSF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8

Website

http://www.poseidonconcepts.com

Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

Poseidon Concepts (Poseidon Concepts) Headlines

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