Glacier Water Services (Glacier Water Services) Cash And Cash Equivalents : $3.7 Mil (As of Dec. 2010)

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What is Glacier Water Services Cash And Cash Equivalents?

Glacier Water Services's quarterly cash and cash equivalents increased from Jun. 2010 ($4.03 Mil) to Sep. 2010 ($4.20 Mil) but then stayed the same from Sep. 2010 ($4.20 Mil) to Dec. 2010 ($3.69 Mil).

Glacier Water Services's annual cash and cash equivalents increased from Dec. 2008 ($3.27 Mil) to Dec. 2009 ($3.71 Mil) but then declined from Dec. 2009 ($3.71 Mil) to Dec. 2010 ($3.69 Mil).

Glacier Water Services Cash And Cash Equivalents Historical Data

The historical data trend for Glacier Water Services'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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Glacier Water Services Cash And Cash Equivalents Chart

Glacier Water Services Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Cash And Cash Equivalents

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3.84

3.12

3.27

3.71

3.69

Glacier Water Services Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10
Cash And Cash Equivalents	Get a 7-Day Free Trial															3.71	3.76	4.03	4.20	3.69

Glacier Water 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.

Glacier Water Services (OTCPK:GWSV) 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.

Glacier Water Services Cash And Cash Equivalents Related Terms

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Glacier Water Services (Glacier Water Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Glacier Water Services Inc (OTCPK:GWSV) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.glacierwater.com

Glacier Water Services provides drinking water that is dispensed to consumers through coin-operated, self-service, vending machines. These machines are designed, developed, and assembled by the company and they reduce impurities in the water through a combination of micron filtration, reverse osmosis, carbon adsorption, and ultraviolet sterilization. The company's machines, which are located throughout the United States, are placed primarily at supermarkets and other retail locations.

Executives

Richard A Kayne	director, 10 percent owner
Kayne Anderson Capital Advisors Lp	10 percent owner	2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES CA 90067
Charles A Norris	director, 10 percent owner	481 DENSLOW AVE, LOS ANGELES CA 90049
Robert V Sinnott	other: Former Director	1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067

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