Stonepath Group (Stonepath Group) Cash And Cash Equivalents : $7.3 Mil (As of Sep. 2006)

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What is Stonepath Group Cash And Cash Equivalents?

Stonepath Group's quarterly cash and cash equivalents declined from Mar. 2006 ($6.28 Mil) to Jun. 2006 ($5.71 Mil) but then increased from Jun. 2006 ($5.71 Mil) to Sep. 2006 ($7.31 Mil).

Stonepath Group's annual cash and cash equivalents declined from Dec. 2003 ($3.07 Mil) to Dec. 2004 ($2.80 Mil) but then increased from Dec. 2004 ($2.80 Mil) to Dec. 2005 ($4.60 Mil).

Stonepath Group Cash And Cash Equivalents Historical Data

The historical data trend for Stonepath Group'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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Stonepath Group Cash And Cash Equivalents Chart

Stonepath Group Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Cash And Cash Equivalents

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15.23

2.27

3.07

2.80

4.60

Stonepath Group Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Cash And Cash Equivalents	Get a 7-Day Free Trial															5.39	4.60	6.28	5.71	7.31

Stonepath Group 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.

Stonepath Group (OTCPK:SGRZ) 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.

Stonepath Group Cash And Cash Equivalents Related Terms

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Stonepath Group (Stonepath Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Stonepath Group Inc (OTCPK:SGRZ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

2200 Alaskan Way, Suite 200, Seattle, WA, USA, 98121

Website

http://www.stonepath.com

Stonepath Group Inc is a non-asset based third-party logistics provider. The Company is engaged in shipping and transportation, managing all aspects of transit.

Executives

Dennis L Pelino	director
Bohn H Crain	officer: Chief Financial Officer	405 114TH AVENUE SE, THIRD FLOOR, BELLEVUE WA 98004
Stephen M Cohen	officer: General Counsel	1604 LOCUST STREET, THIRD FLOOR, PHILADELPHIA PA 19103

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