Tallgrass Energy (FRA:TGV) Cash And Cash Equivalents : €0.30 Mil (As of Dec. 2012)

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What is Tallgrass Energy Cash And Cash Equivalents?

Tallgrass Energy's quarterly cash and cash equivalents declined from Dec. 2010 (€9.08 Mil) to Dec. 2011 (€0.00 Mil) but then increased from Dec. 2011 (€0.00 Mil) to Dec. 2012 (€0.30 Mil).

Tallgrass Energy's annual cash and cash equivalents declined from Dec. 2010 (€9.08 Mil) to Dec. 2011 (€0.00 Mil) but then increased from Dec. 2011 (€0.00 Mil) to Dec. 2012 (€0.30 Mil).

Tallgrass Energy Cash And Cash Equivalents Historical Data

The historical data trend for Tallgrass Energy'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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Tallgrass Energy Cash And Cash Equivalents Chart

Tallgrass Energy Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash And Cash Equivalents

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0.03

0.99

9.08

0.30

Tallgrass Energy Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Cash And Cash Equivalents	Get a 7-Day Free Trial				0.03	0.99	9.08	-	0.30

Tallgrass Energy 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.

Tallgrass Energy (FRA:TGV) 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.

Tallgrass Energy Cash And Cash Equivalents Related Terms

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Tallgrass Energy (FRA:TGV) Business Description

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Website

http://www.tallgrassenergy.ca

Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

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