Aamaxan Transport Group (Aamaxan Transport Group) Cash And Cash Equivalents : $10.77 Mil (As of Jun. 2008)

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What is Aamaxan Transport Group Cash And Cash Equivalents?

Aamaxan Transport Group's quarterly cash and cash equivalents increased from Oct. 2007 ($0.00 Mil) to Jan. 2008 ($2.30 Mil) and increased from Jan. 2008 ($2.30 Mil) to Jun. 2008 ($10.77 Mil).

Aamaxan Transport Group Cash And Cash Equivalents Historical Data

The historical data trend for Aamaxan Transport Group'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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Aamaxan Transport Group Cash And Cash Equivalents Chart

Aamaxan Transport Group Annual Data

Trend

Jan06

Jan07

Cash And Cash Equivalents

Aamaxan Transport Group Quarterly Data
	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Jun08
Cash And Cash Equivalents	Get a 7-Day Free Trial				-	-	-	2.30	10.77

Aamaxan Transport Group 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.

Aamaxan Transport Group (GREY:AAXT) 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.

Aamaxan Transport Group Cash And Cash Equivalents Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aamaxan Transport Group Inc (GREY:AAXT) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7

Website

Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

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