Corporate Resource Services (FRA:HTS1) Cash And Cash Equivalents : €0.1 Mil (As of Sep. 2014)

Corporate Resource Services Cash And Cash Equivalents Chart

Corporate Resource Services Annual Data
	Trend	Sep00	Sep01	Sep02	Sep03	Sep08	Sep09	Sep10	Sep11	Sep12	Dec13
Cash And Cash Equivalents		Get a 7-Day Free Trial					0.02	0.19	-	0.02	0.02

Corporate Resource Services Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.48	0.02	0.13	0.23	0.12

Corporate Resource Services 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.

Corporate Resource Services  (FRA:HTS1) 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.

Corporate Resource Services Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Corporate Resource Services's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Corporate Resource Services (FRA:HTS1) Business Description