SOLON AG fuer Solartechnik (LTS:0G3C) Cash And Cash Equivalents : €12.3 Mil (As of Sep. 2011)

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What is SOLON AG fuer Solartechnik Cash And Cash Equivalents?

SOLON AG fuer Solartechnik's quarterly cash and cash equivalents declined from Mar. 2011 (€11.61 Mil) to Jun. 2011 (€10.33 Mil) but then increased from Jun. 2011 (€10.33 Mil) to Sep. 2011 (€12.31 Mil).

SOLON AG fuer Solartechnik's annual cash and cash equivalents increased from Dec. 2008 (€4.35 Mil) to Dec. 2009 (€60.70 Mil) but then declined from Dec. 2009 (€60.70 Mil) to Dec. 2010 (€15.31 Mil).

SOLON AG fuer Solartechnik Cash And Cash Equivalents Historical Data

The historical data trend for SOLON AG fuer Solartechnik'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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SOLON AG fuer Solartechnik Cash And Cash Equivalents Chart

SOLON AG fuer Solartechnik Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Cash And Cash Equivalents

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9.44

149.90

4.35

60.70

15.31

SOLON AG fuer Solartechnik Quarterly Data
	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Cash And Cash Equivalents	Get a 7-Day Free Trial												20.97	15.31	11.61	10.33	12.31

SOLON AG fuer Solartechnik 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.

SOLON AG fuer Solartechnik (LTS:0G3C) 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.

SOLON AG fuer Solartechnik Cash And Cash Equivalents Related Terms

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SOLON AG fuer Solartechnik (LTS:0G3C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SOLON AG fuer Solartechnik (LTS:0G3C) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

3840 South Palo Verde, Suite 205, Tucson, AZ, USA, 85714

Website

http://www.solon.com

SOLON SE is a Germany-based manufacturer of solar modules and supplier of solar system technology. It produces and distributes solar modules, as well monocrystalline and polycrystalline solar cells to wholesalers and installers. It focuses on the construction of turnkey solar power plants on rooftops and on open fields, as well as the distribution of systems to project developers and utility companies.

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