Optare (LSE:OPE) Beginning Cash Position: £-4.44 Mil (As of Sep. 2014)

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Director of Data and Quant Analytics at GuruFocus
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What is Optare Beginning Cash Position?

Optare LSE:OPE Beginning Cash Position is £-4.44 Mil as of Sep. 2014. The stock has 3 warning signs investors should review.

Optare's Beginning Cash Position for the quarter that ended in Sep. 2014 was £-4.44 Mil.

Optare's quarterly Beginning Cash Position stayed the same from Sep. 2013 (£-5.45 Mil) to Mar. 2014 (£-5.45 Mil) but then increased from Mar. 2014 (£-5.45 Mil) to Sep. 2014 (£-4.44 Mil).

Optare's annual Beginning Cash Position declined from Mar. 2012 (£-2.72 Mil) to Mar. 2013 (£-3.40 Mil) and declined from Mar. 2013 (£-3.40 Mil) to Mar. 2014 (£-5.45 Mil).

Optare Beginning Cash Position Related Terms

Optare Beginning Cash Position Historical Data

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The historical data trend for Optare's Beginning Cash Position 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.

Optare Beginning Cash Position Chart

Optare Annual Data
Trend Dec08 Dec09 Dec10 Mar12 Mar13 Mar14
Beginning Cash Position
Get a 7-Day Free Trial -0.00 -0.82 -2.72 -3.40 -5.45

Optare Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.40 -3.40 -5.45 -5.45 -4.44

Optare Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of £-4.44 Mil mean?
Optare (LSE:OPE) has a Beginning Cash Position of £-4.44 Mil as of Sep. 2014. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Optare and its competitors.
Is Optare's Beginning Cash Position too high?
Optare's current Beginning Cash Position is £-4.44 Mil.
How does Optare's Beginning Cash Position compare to competitors?
Optare's Beginning Cash Position of £-4.44 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Vehicles & Parts company?
A good Beginning Cash Position depends on the Vehicles & Parts industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Optare and its competitors. Optare's current Beginning Cash Position is £-4.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optare stock overvalued right now?
Optare (LSE:OPE) has a current Beginning Cash Position of £-4.44 Mil. The current Beginning Cash Position is £-4.44 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Optare (LSE:OPE), the current Beginning Cash Position is £-4.44 Mil as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Optare Business Description

Optare PLC is a company incorporated and domiciled in United Kingdom on January 23, 2008. The Company is engaged in designing, manufacturing and selling deck and double deck buses, and also offers after sales service. The company operates in the United Kingdom. The Company's products include; Solo a mini-bus, Metro city and Versa a Midi-buses, Tempo a Full size single deck bus, and Metrodecker a Double-decker bus. It also provides refurbishment services; and technical training, support services, and parts.