Celadon Group (FRA:CG2) Cash And Cash Equivalents : €5.8 Mil (As of Dec. 2016)

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What is Celadon Group Cash And Cash Equivalents?

Celadon Group's quarterly cash and cash equivalents declined from Jun. 2016 (€8.08 Mil) to Sep. 2016 (€5.36 Mil) but then increased from Sep. 2016 (€5.36 Mil) to Dec. 2016 (€5.82 Mil).

Celadon Group's annual cash and cash equivalents increased from Jun. 2014 (€11.41 Mil) to Jun. 2015 (€22.01 Mil) but then declined from Jun. 2015 (€22.01 Mil) to Jun. 2016 (€8.08 Mil).

Celadon Group Cash And Cash Equivalents Historical Data

The historical data trend for Celadon Group'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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Celadon Group Cash And Cash Equivalents Chart

Celadon Group Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Cash And Cash Equivalents

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26.82

1.00

11.41

22.01

8.08

Celadon Group Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Cash And Cash Equivalents	Get a 7-Day Free Trial															7.09	4.75	8.08	5.36	5.82

Celadon Group 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.

Celadon Group (FRA:CG2) 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.

Celadon Group Cash And Cash Equivalents Related Terms

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Celadon Group (FRA:CG2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Celadon Group Inc (FRA:CG2) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

9503 East 33rd Street, One Celadon Drive, Indianapolis, IN, USA, 46235

Website

http://www.celadontrucking.com

Celadon Group Inc is a United States based company truckload freight transportation provider. Through its subsidiaries, the company provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. It also offers freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution. The operating segments of the company are Asset-based, Asset-light and Equipment leasing and services.

Celadon Group (FRA:CG2) Headlines

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