Futuris Co (Futuris Co) Cash And Cash Equivalents : $0.18 Mil (As of Jul. 2020)

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What is Futuris Co Cash And Cash Equivalents?

Futuris Co's quarterly cash and cash equivalents stayed the same from Mar. 2003 ($0.00 Mil) to Mar. 2004 ($0.00 Mil) but then increased from Mar. 2004 ($0.00 Mil) to Jul. 2020 ($0.18 Mil).

Futuris Co's annual cash and cash equivalents stayed the same from Mar. 2003 ($0.00 Mil) to Mar. 2004 ($0.00 Mil) but then increased from Mar. 2004 ($0.00 Mil) to Jul. 2020 ($0.18 Mil).

Futuris Co Cash And Cash Equivalents Historical Data

The historical data trend for Futuris Co'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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Futuris Co Cash And Cash Equivalents Chart

Futuris Co Annual Data

Trend

Mar99

Mar00

Mar01

Mar02

Mar03

Mar04

Jul20

Cash And Cash Equivalents

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0.44

0.01

0.18

Futuris Co Semi-Annual Data
	Mar99	Mar00	Mar01	Mar02	Mar03	Mar04	Jul20
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.44	0.01	-	-	0.18

Futuris Co 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.

Futuris Co (OTCPK:FTRS) 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.

Futuris Co Cash And Cash Equivalents Related Terms

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Futuris Co (Futuris Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Futuris Co (OTCPK:FTRS) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

N/A

Address

22 Baltimore Road, Rockville, MD, USA, 20850

Website

https://www.futuris.company

Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.