FTDL (FirsTime Design) Cash And Cash Equivalents : $1.49 Mil (As of Dec. 2012)

View and export this data going back to . Start your Free Trial

What is FirsTime Design Cash And Cash Equivalents?

FirsTime Design's quarterly cash and cash equivalents increased from Jun. 2012 ($0.50 Mil) to Sep. 2012 ($0.84 Mil) and increased from Sep. 2012 ($0.84 Mil) to Dec. 2012 ($1.49 Mil).

FirsTime Design's annual cash and cash equivalents increased from Dec. 2010 ($0.66 Mil) to Dec. 2011 ($0.87 Mil) and increased from Dec. 2011 ($0.87 Mil) to Dec. 2012 ($1.49 Mil).

FirsTime Design Cash And Cash Equivalents Historical Data

The historical data trend for FirsTime Design'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.

FirsTime Design Cash And Cash Equivalents Chart

FirsTime Design Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.72

1.89

0.66

0.87

1.49

FirsTime Design Quarterly Data
	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.87	1.21	0.50	0.84	1.49

FirsTime Design 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.

FirsTime Design (OTCPK:FTDL) 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.

FirsTime Design Cash And Cash Equivalents Related Terms

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

FirsTime Design Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » FirsTime Design Ltd (OTCPK:FTDL) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

W237 N2889 Woodgate Road, Suite F, Pewaukee, WI, USA, 53072

Website

https://www.firstime.com

FirsTime Design Ltd, through its subsidiaries, designs, imports, and distributes decorative timepieces and other home decor products. It distributes commercial mattresses and bedding accessories. In addition, it offers custom packaging and product merchandising services. It sells its products through retailers in the United States. The group has manufacturing partners in China with some in Egypt, India, Italy, Taiwan, the United States, and Vietnam.

Executives