Safetek International (Safetek International) Cash And Cash Equivalents : $0.06 Mil (As of Sep. 2006)

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What is Safetek International Cash And Cash Equivalents?

Safetek International's quarterly cash and cash equivalents declined from Mar. 2006 ($0.13 Mil) to Jun. 2006 ($0.12 Mil) but then stayed the same from Jun. 2006 ($0.12 Mil) to Sep. 2006 ($0.06 Mil).

Safetek International's annual cash and cash equivalents stayed the same from Dec. 2003 ($0.00 Mil) to Dec. 2004 ($0.00 Mil) but then increased from Dec. 2004 ($0.00 Mil) to Dec. 2005 ($0.29 Mil).

Safetek International Cash And Cash Equivalents Historical Data

The historical data trend for Safetek International'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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Safetek International Cash And Cash Equivalents Chart

Safetek International Annual Data

Trend

Dec03

Dec04

Dec05

Cash And Cash Equivalents

0.29

Safetek International Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.18	0.29	0.13	0.12	0.06

Safetek International 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.

Safetek International (OTCPK:SFIN) 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.

Safetek International Cash And Cash Equivalents Related Terms

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Safetek International (Safetek International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Safetek International Inc (OTCPK:SFIN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Chapel Street, Brentwood B, Liverpool, GBR, L39AG

Website

http://www.safetekinternational.com

Safetek International Inc currently has no operations. Previously, it was engaged in manufacturing prototypes and distributing the final product on behalf of technology developers.

Safetek International (Safetek International) Headlines

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