Celexpress (Celexpress) Cash And Cash Equivalents : $2.80 Mil (As of Dec. 2004)

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What is Celexpress Cash And Cash Equivalents?

Celexpress's quarterly cash and cash equivalents declined from Jun. 2004 ($2.66 Mil) to Sep. 2004 ($0.85 Mil) but then increased from Sep. 2004 ($0.85 Mil) to Dec. 2004 ($2.80 Mil).

Celexpress's annual cash and cash equivalents increased from Mar. 2002 ($0.17 Mil) to Mar. 2003 ($1.21 Mil) but then declined from Mar. 2003 ($1.21 Mil) to Mar. 2004 ($0.39 Mil).

Celexpress Cash And Cash Equivalents Historical Data

The historical data trend for Celexpress'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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Celexpress Cash And Cash Equivalents Chart

Celexpress Annual Data

Trend

Dec99

Mar01

Mar02

Mar03

Mar04

Cash And Cash Equivalents

0.01

0.64

0.17

1.21

0.39

Celexpress Quarterly Data
	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04
Cash And Cash Equivalents	Get a 7-Day Free Trial														0.29	0.39	2.66	0.85	2.80

Celexpress 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.

Celexpress (GREY:CELX) 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.

Celexpress Cash And Cash Equivalents Related Terms

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Celexpress (Celexpress) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Celexpress Inc (GREY:CELX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

100 North Biscayne Boulevard, Suite 1200, Miami, FL, USA, 33132

Website

Celexpress Inc provides telecommunication services. The Company through its subsidiaries offers international commercial and wholesale telephony services.

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