Consumer Automotive Finance (Consumer Automotive Finance) Cash And Cash Equivalents : $0.00 Mil (As of Jun. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Consumer Automotive Finance Cash And Cash Equivalents?

Consumer Automotive Finance's annual cash and cash equivalents declined from Jun. 2010 ($0.06 Mil) to Jun. 2022 ($0.00 Mil) but then stayed the same from Jun. 2022 ($0.00 Mil) to Jun. 2023 ($0.00 Mil).

Consumer Automotive Finance Cash And Cash Equivalents Historical Data

The historical data trend for Consumer Automotive Finance'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.

Consumer Automotive Finance Cash And Cash Equivalents Chart

Consumer Automotive Finance Annual Data

Trend

Dec03

Dec04

Jun06

Jun07

Jun08

Jun09

Jun10

Jun22

Jun23

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.03

0.04

0.06

Consumer Automotive Finance Semi-Annual Data
	Dec03	Dec04	Jun06	Jun07	Jun08	Jun09	Jun10	Jun21	Jun22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial					0.04	0.06	-	-	-

Consumer Automotive Finance 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.

Consumer Automotive Finance (OTCPK:CAFI) 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.

Consumer Automotive Finance Cash And Cash Equivalents Related Terms

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

Consumer Automotive Finance (Consumer Automotive Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Consumer Automotive Finance Inc (OTCPK:CAFI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

746 North Drive, STE A, Melbourne, FL, USA, 32934

Website

http://www.cafius.com

Consumer Automotive Finance Inc is an indirect automotive financial services company that focuses on servicing the sub-prime market. It has developed a criteria-based system, which has been effective in evaluating deal structure as well as a consumer's ability to pay for an automobile loan. The company provides financing solutions for buying Cars and Trucks and also provides a wide range of credit profiles through dealers in Nevada and soon Arizona and Utah, as well as online through the Dealer Loan programs.

Executives

Scott Eugene Miller	officer: CEO	2239 N. HAYDEN RD., SUITE 100, SCOTTSDALE AZ 85257
Jamie Kerr	director, 10 percent owner, officer: President	2925 N. 67TH PLACE, SCOTTSDALE AZ 85251
John Shaffer	director, officer: Treasurer	2925 N. 67TH PLACE, SCOTTSDALE AZ 85251