Zodiac Aerospace (Zodiac Aerospace) Cash And Cash Equivalents : $807 Mil (As of Aug. 2017)

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What is Zodiac Aerospace Cash And Cash Equivalents?

Zodiac Aerospace's quarterly cash and cash equivalents increased from Aug. 2016 ($301.32 Mil) to Feb. 2017 ($510.02 Mil) and increased from Feb. 2017 ($510.02 Mil) to Aug. 2017 ($807.28 Mil).

Zodiac Aerospace's annual cash and cash equivalents increased from Aug. 2015 ($182.20 Mil) to Aug. 2016 ($301.32 Mil) and increased from Aug. 2016 ($301.32 Mil) to Aug. 2017 ($807.28 Mil).

Zodiac Aerospace Cash And Cash Equivalents Historical Data

The historical data trend for Zodiac Aerospace'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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Zodiac Aerospace Cash And Cash Equivalents Chart

Zodiac Aerospace Annual Data

Trend

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Cash And Cash Equivalents

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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 And Cash Equivalents	Get a 7-Day Free Trial															182.20	150.52	301.32	510.02	807.28

Zodiac Aerospace 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.

Zodiac Aerospace (OTCPK:ZODFY) 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.

Zodiac Aerospace Cash And Cash Equivalents Related Terms

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Zodiac Aerospace (Zodiac Aerospace) Business Description

Industry

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Address

Website

http://www.zodiacaerospace.com

Zodiac Aerospace has two operating segments: aerosystem activities (70% of revenue), with tier-one niche positions in safety systems, electrical systems, control systems, and water and waste systems; and aircraft interiors activities (30% of revenue), comprising cabin and seats activities. The cabin business group provides all elements of integrated cabins, and Zodiac Seats design, certifies, and assembles aircraft seats for passengers and crew. In fiscal 2016, Zodiac generated EUR 5.2 billion in revenue.

Zodiac Aerospace (Zodiac Aerospace) Headlines

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