Alloy Steel International (Alloy Steel International) Cash And Cash Equivalents : $2.17 Mil (As of Jun. 2010)

View and export this data going back to 2001. Start your Free Trial

What is Alloy Steel International Cash And Cash Equivalents?

Alloy Steel International's quarterly cash and cash equivalents declined from Dec. 2009 ($2.72 Mil) to Mar. 2010 ($1.54 Mil) but then increased from Mar. 2010 ($1.54 Mil) to Jun. 2010 ($2.17 Mil).

Alloy Steel International's annual cash and cash equivalents increased from Sep. 2007 ($0.48 Mil) to Sep. 2008 ($0.66 Mil) but then declined from Sep. 2008 ($0.66 Mil) to Sep. 2009 ($0.42 Mil).

Alloy Steel International Cash And Cash Equivalents Historical Data

The historical data trend for Alloy Steel International'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.

Alloy Steel International Cash And Cash Equivalents Chart

Alloy Steel International Annual Data

Trend

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Sep08

Sep09

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.13

0.02

0.48

0.66

0.42

Alloy Steel International 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															0.31	0.42	2.72	1.54	2.17

Alloy Steel International 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.

Alloy Steel International (OTCPK:AYSI) 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.

Alloy Steel International Cash And Cash Equivalents Related Terms

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

Alloy Steel International (Alloy Steel International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Alloy Steel International Inc (OTCPK:AYSI) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

93 Mulgul Road, Malaga, Perth, WA, AUS, 6090

Website

https://www.alloysteel.net

Alloy Steel International Inc manufactures and distributes Arcoplate, a wear-resistant fused-alloy steel plate. The company manufactures specific grades of Arcoplate for various applications such as truck trays, fan blades, spill faces, and chutes and it is offered in different grades. It offers a variety of products including Arcoplate, Arcotuff, Arcoblock, Arcobolt, and Arcoweld. Geographically, it derives a majority of revenue from Australia.