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APT Systems (APT Systems) Cash And Cash Equivalents : $0.02 Mil (As of Oct. 2018)


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What is APT Systems Cash And Cash Equivalents?

APT Systems's quarterly cash and cash equivalents declined from Apr. 2018 ($0.02 Mil) to Jul. 2018 ($0.01 Mil) but then increased from Jul. 2018 ($0.01 Mil) to Oct. 2018 ($0.02 Mil).

APT Systems's annual cash and cash equivalents increased from Jan. 2016 ($0.00 Mil) to Jan. 2017 ($0.01 Mil) and increased from Jan. 2017 ($0.01 Mil) to Jan. 2018 ($0.05 Mil).

APT Systems Cash And Cash Equivalents Historical Data

The historical data trend for APT Systems'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.

* Premium members only.

APT Systems Cash And Cash Equivalents Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Cash And Cash Equivalents
Get a 7-Day Free Trial 0.02 - - 0.01 0.05

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.05 0.02 0.01 0.02

APT Systems 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.

APT Systems  (OTCPK:APTY) 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.

APT Systems Cash And Cash Equivalents Related Terms

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APT Systems (APT Systems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » APT Systems Inc (OTCPK:APTY) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
N/A
Address
505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
Website
https://www.aptsystemsinc.com
APT Systems Inc operates as a Fintech company to engage in the creation of innovative financial platforms, and financial apps and imagining new visual solutions for charting the financial markets. The company has studied and participated in Know Your Customer and Anti-Money Laundering data managing techniques used by large financial institutions to create risk management reports and validate identity claims for persons accessing financial applications. The company is also developing credentials for verifying and reporting on an accredited investor's status.