Allegiant Professional Business Services (Allegiant Professional Business Services) Cash And Cash Equivalents : $0.04 Mil (As of Dec. 2008)

Allegiant Professional Business Services Cash And Cash Equivalents Chart

Allegiant Professional Business Services Quarterly Data
	Sep05	Dec05	Mar06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Cash And Cash Equivalents	Get a 7-Day Free Trial								-	0.27	0.03	0.02	0.04

Allegiant Professional Business Services 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.

Allegiant Professional Business Services  (OTCPK:APRO) 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.

Allegiant Professional Business Services Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Allegiant Professional Business Services's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Allegiant Professional Business Services (Allegiant Professional Business Services) Business Description