Innovest Global (Innovest Global) Cash And Cash Equivalents : $0.00 Mil (As of Jun. 2009)

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What is Innovest Global Cash And Cash Equivalents?

Innovest Global's quarterly cash and cash equivalents increased from Dec. 2008 ($0.00 Mil) to Mar. 2009 ($0.01 Mil) but then stayed the same from Mar. 2009 ($0.01 Mil) to Jun. 2009 ($0.00 Mil).

Innovest Global's annual cash and cash equivalents increased from Dec. 2006 ($0.00 Mil) to Dec. 2007 ($0.07 Mil) but then declined from Dec. 2007 ($0.07 Mil) to Dec. 2008 ($0.00 Mil).

Innovest Global Cash And Cash Equivalents Historical Data

The historical data trend for Innovest Global'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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Innovest Global Cash And Cash Equivalents Chart

Innovest Global Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Cash And Cash Equivalents

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0.07

Innovest Global Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.06	0.02	-	0.01	-

Innovest Global 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.

Innovest Global (OTCPK:IVST) 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.

Innovest Global Cash And Cash Equivalents Related Terms

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Innovest Global (Innovest Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Innovest Global Inc (OTCPK:IVST) » Definitions » Cash And Cash Equivalents

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Address

8834 Mayfield Road, Chesterland, OH, USA, 44026

Website

https://www.innovestglobal.com

Innovest Global Inc is a diversified Industrial company. It operates in six segments: Energy Solutions, which provides an all-in-one offering of procurement and efficiency solutions for commercial and industrial customers, including LED lighting and retrofits; Energy Brokerage segment provides competitive electricity and natural gas purchase programs for residential and commercial consumers; Call Center Services; Building Solutions segment designs, engineers, tests and assembles curtainwall systems or other building solutions used in large custom construction projects; Wholesale Purchasing, which acts as a national distributor of roofing, windows, fasteners, and associated tools and accessories; and Others segment.