Comtex News Network (Comtex News Network) Cash And Cash Equivalents : $0.43 Mil (As of Mar. 2010)

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What is Comtex News Network Cash And Cash Equivalents?

Comtex News Network's quarterly cash and cash equivalents increased from Sep. 2009 ($1.15 Mil) to Dec. 2009 ($1.17 Mil) but then stayed the same from Dec. 2009 ($1.17 Mil) to Mar. 2010 ($0.43 Mil).

Comtex News Network's annual cash and cash equivalents increased from Jun. 2007 ($0.58 Mil) to Jun. 2008 ($1.52 Mil) but then declined from Jun. 2008 ($1.52 Mil) to Jun. 2009 ($1.38 Mil).

Comtex News Network Cash And Cash Equivalents Historical Data

The historical data trend for Comtex News Network'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.

Comtex News Network Cash And Cash Equivalents Chart

Comtex News Network Annual Data

Trend

Jun00

Jun01

Jun02

Jun03

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Cash And Cash Equivalents

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1.23

1.88

0.58

1.52

1.38

Comtex News Network Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.54	1.38	1.15	1.17	0.43

Comtex News Network 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.

Comtex News Network (OTCPK:CMTX) 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.

Comtex News Network Cash And Cash Equivalents Related Terms

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Comtex News Network (Comtex News Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Comtex News Network Inc (OTCPK:CMTX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

295 Madison Avenue, 12th Floor, New York, NY, USA, 10017

Website

http://www.comtex.com

Comtex News Network Inc is a provider of economically useful electronic real-time news, content and SmarTrend(r) market products. It receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day.

Executives

Chip Brian	officer: President and COO	625 N WASHINGTON STREET STE 301 ALEXANDRIA VA 22314
Tepco Corp	10 percent owner	25 CHURCH STREET THE CONTINENTAL BUILDING HAMILTON D0 HM 12
C W Gilluly	director, officer: Interim C.E.O.	625 N. WASHINGTON ST. STE 301 ALEXANDRIA VA 22314

Comtex News Network (Comtex News Network) Headlines

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