Gerova Financial Group (Gerova Financial Group) Cash And Cash Equivalents : $0.03 Mil (As of Jun. 2009)

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What is Gerova Financial Group Cash And Cash Equivalents?

Gerova Financial Group's quarterly cash and cash equivalents increased from Dec. 2008 ($0.10 Mil) to Mar. 2009 ($0.17 Mil) but then stayed the same from Mar. 2009 ($0.17 Mil) to Jun. 2009 ($0.03 Mil).

Gerova Financial Group's annual cash and cash equivalents declined from Dec. 2007 ($0.19 Mil) to Dec. 2008 ($0.10 Mil) but then increased from Dec. 2008 ($0.10 Mil) to Dec. 2009 ($0.97 Mil).

Gerova Financial Group Cash And Cash Equivalents Historical Data

The historical data trend for Gerova Financial 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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Gerova Financial Group Cash And Cash Equivalents Chart

Gerova Financial Group Annual Data

Trend

Dec07

Dec08

Dec09

Cash And Cash Equivalents

0.19

0.10

0.97

Gerova Financial Group Quarterly Data
	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Dec09
Cash And Cash Equivalents	Get a 7-Day Free Trial				0.02	0.10	0.17	0.03	0.97

Gerova Financial 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.

Gerova Financial Group (OTCPK:GVFG) 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.

Gerova Financial Group Cash And Cash Equivalents Related Terms

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Gerova Financial Group (Gerova Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gerova Financial Group Ltd (OTCPK:GVFG) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

N/A

Address

Cumberland House, 5th Floor, 1 Victoria Street, Hamilton, BMU, HM 11

Website

Gerova Financial Group Ltd is an international reinsurance company focused on the life and annuity reinsurance markets, in addition to a niche property and causality business.

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