NeoMagic (NeoMagic) Cash And Cash Equivalents : $0.44 Mil (As of Oct. 2010)

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What is NeoMagic Cash And Cash Equivalents?

NeoMagic's quarterly cash and cash equivalents declined from Apr. 2010 ($1.22 Mil) to Jul. 2010 ($0.43 Mil) but then increased from Jul. 2010 ($0.43 Mil) to Oct. 2010 ($0.44 Mil).

NeoMagic's annual cash and cash equivalents declined from Jan. 2007 ($16.47 Mil) to Jan. 2008 ($0.96 Mil) and declined from Jan. 2008 ($0.96 Mil) to Jan. 2009 ($0.18 Mil).

NeoMagic Cash And Cash Equivalents Historical Data

The historical data trend for NeoMagic'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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NeoMagic Cash And Cash Equivalents Chart

NeoMagic Annual Data

Trend

Jan00

Jan01

Jan02

Jan03

Jan04

Jan05

Jan06

Jan07

Jan08

Jan09

Cash And Cash Equivalents

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8.94

26.70

16.47

0.96

0.18

NeoMagic Quarterly Data
	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.35	0.03	1.22	0.43	0.44

NeoMagic 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.

NeoMagic (OTCPK:NMGC) 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.

NeoMagic Cash And Cash Equivalents Related Terms

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NeoMagic (NeoMagic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NeoMagic Corp (OTCPK:NMGC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

830 Hillview Court, Suite 138, Milpitas, CA, USA, 95035

Website

http://www.neomagic.com

NeoMagic Corp designs and delivers consumer electronic device solutions with semiconductors and software for video, television, imaging, graphics, and audio. The products are offered under the MiMagic name.

Executives

Marxe Austin W & Greenhouse David M	10 percent owner	C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Steve Valenzuela	director	1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Brett Moyer	director	C/O FOCUS ENHANCEMENTS INC, 1370 DELL AVE, CAMPBELL CA 95008
Stephen Lanza	officer: VP Operations & Finance, CFO	4650 CUSHING PARKWAY, FREMONT CA 94538

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