Amacore Group (Amacore Group) Cash And Cash Equivalents : $1.50 Mil (As of Jun. 2010)

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What is Amacore Group Cash And Cash Equivalents?

Amacore Group's quarterly cash and cash equivalents declined from Dec. 2009 ($3.32 Mil) to Mar. 2010 ($1.95 Mil) but then stayed the same from Mar. 2010 ($1.95 Mil) to Jun. 2010 ($1.50 Mil).

Amacore Group's annual cash and cash equivalents declined from Dec. 2007 ($2.16 Mil) to Dec. 2008 ($0.24 Mil) but then increased from Dec. 2008 ($0.24 Mil) to Dec. 2009 ($3.32 Mil).

Amacore Group Cash And Cash Equivalents Historical Data

The historical data trend for Amacore 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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Amacore Group Cash And Cash Equivalents Chart

Amacore Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Cash And Cash Equivalents

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0.02

0.14

2.16

0.24

3.32

Amacore Group Quarterly Data
	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.68	6.27	3.32	1.95	1.50

Amacore 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.

Amacore Group (OTCPK:ACGI) 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.

Amacore Group Cash And Cash Equivalents Related Terms

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Amacore Group (Amacore Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Amacore Group Inc (OTCPK:ACGI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maitland Promenade 1, Suite 450, 485 North Keller Road, Maitland, FL, USA, 32751

Website

http://www.amacoregroup.com

Amacore Group Inc provides and markets healthcare-related membership products such as limited and major medical insurance programs, supplemental medical insurance and discount dental and vision programs for individuals and families. It offers services through agents, sales representatives, and marketing partners.

Executives

Vicis Capital, Llc	10 percent owner	445 PARK AVENUE, SUITE 1043, NEW YORK NY 10022
Vicis Capital Master Fund	10 percent owner	126 EAST 56TH STREET, TOWER 56, SUITE 700, NEW YORK NY 10022
Shadron L. Stastney	director	126 E. 56TH STREET, TOWER 56, SUITE 700, NEW YORK NY 10022

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