CPROF (Cortelco Systems Puerto Rico) Cash And Cash Equivalents : $0.44 Mil (As of Apr. 2009)

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What is Cortelco Systems Puerto Rico Cash And Cash Equivalents?

Cortelco Systems Puerto Rico's quarterly cash and cash equivalents declined from Oct. 2008 ($0.72 Mil) to Jan. 2009 ($0.34 Mil) but then increased from Jan. 2009 ($0.34 Mil) to Apr. 2009 ($0.44 Mil).

Cortelco Systems Puerto Rico's annual cash and cash equivalents increased from Jul. 2006 ($0.87 Mil) to Jul. 2007 ($1.01 Mil) but then declined from Jul. 2007 ($1.01 Mil) to Jul. 2008 ($0.92 Mil).

Cortelco Systems Puerto Rico Cash And Cash Equivalents Historical Data

The historical data trend for Cortelco Systems Puerto Rico'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.

Cortelco Systems Puerto Rico Cash And Cash Equivalents Chart

Cortelco Systems Puerto Rico Annual Data

Trend

Jul02

Jul03

Jul04

Jul05

Jul06

Jul07

Jul08

Cash And Cash Equivalents

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0.13

0.50

0.87

1.01

0.92

Cortelco Systems Puerto Rico Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.76	0.92	0.72	0.34	0.44

Cortelco Systems Puerto Rico 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.

Cortelco Systems Puerto Rico (OTCPK:CPROF) 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.

Cortelco Systems Puerto Rico Cash And Cash Equivalents Related Terms

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Cortelco Systems Puerto Rico Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cortelco Systems Puerto Rico Inc (OTCPK:CPROF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Parque Ind. Caguas Oeste Road, 156 km 58.2, Caguas, PRI, 00726-7076

Website

http://www.cortelcopr.net

Cortelco Systems Puerto Rico Inc is engaged in the business of telecommunication systems. It offers security services, such as network security; and endpoint security comprising PCs, laptops, smart phones, tablets, barcode readers, or POS terminals. Geographically the activities are carried out through Puerto Rico.

Cortelco Systems Puerto Rico Headlines

From GuruFocus

Cortelco Systems Puerto Rico, Inc. Board of Directors Authorizes Dividend

By PRNewswire PRNewswire • 09-10-2019