Digicore Holdings (JSE:DGC) Cash And Cash Equivalents : R27.5 Mil (As of Dec. 2014)

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What is Digicore Holdings Cash And Cash Equivalents?

Digicore Holdings's quarterly cash and cash equivalents declined from Dec. 2013 (R37.25 Mil) to Jun. 2014 (R19.27 Mil) but then increased from Jun. 2014 (R19.27 Mil) to Dec. 2014 (R27.53 Mil).

Digicore Holdings's annual cash and cash equivalents increased from Jun. 2012 (R41.32 Mil) to Jun. 2013 (R42.53 Mil) but then declined from Jun. 2013 (R42.53 Mil) to Jun. 2014 (R19.27 Mil).

Digicore Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Digicore Holdings'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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Digicore Holdings Cash And Cash Equivalents Chart

Digicore Holdings Annual Data

Trend

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Cash And Cash Equivalents

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49.33

53.09

41.32

42.53

19.27

Digicore Holdings Semi-Annual Data
	Jun02	Jun03	Jun04	Jun05	Jun06	Jun07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Cash And Cash Equivalents	Get a 7-Day Free Trial															66.36	42.53	37.25	19.27	27.53

Digicore Holdings 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.

Digicore Holdings (JSE:DGC) 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.

Digicore Holdings Cash And Cash Equivalents Related Terms

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Digicore Holdings (JSE:DGC) Business Description

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Address

Website

http://www.digicore.com

Digicore Holdings Limited provides machine (M2M) communication and telematics solutions. The company researches, designs, develop, manufactures, sells and supports tailored solutions for customers.

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