China Runji Cement (China Runji Cement) Cash And Cash Equivalents : $1.45 Mil (As of Feb. 2011)

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What is China Runji Cement Cash And Cash Equivalents?

China Runji Cement's quarterly cash and cash equivalents increased from Aug. 2010 ($0.68 Mil) to Nov. 2010 ($1.59 Mil) but then stayed the same from Nov. 2010 ($1.59 Mil) to Feb. 2011 ($1.45 Mil).

China Runji Cement's annual cash and cash equivalents increased from Aug. 2008 ($0.42 Mil) to Aug. 2009 ($0.75 Mil) but then declined from Aug. 2009 ($0.75 Mil) to Aug. 2010 ($0.68 Mil).

China Runji Cement Cash And Cash Equivalents Historical Data

The historical data trend for China Runji Cement'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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China Runji Cement Cash And Cash Equivalents Chart

China Runji Cement Annual Data

Trend

Jan06

Jan07

Aug08

Aug09

Aug10

Cash And Cash Equivalents

0.02

0.42

0.75

0.68

China Runji Cement Quarterly Data
	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.06	0.14	0.68	1.59	1.45

China Runji Cement 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.

China Runji Cement (GREY:CRJI) 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.

China Runji Cement Cash And Cash Equivalents Related Terms

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China Runji Cement (China Runji Cement) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » China Runji Cement Inc (GREY:CRJI) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Xianzong town, Hanshan county, Chaohu, Anhui, CHN

Website

China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

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