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SLDC (Solidus Communications) Cash And Cash Equivalents : $0.02 Mil (As of Nov. 2016)


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What is Solidus Communications Cash And Cash Equivalents?

Solidus Communications's quarterly cash and cash equivalents increased from Nov. 2014 ($0.00 Mil) to Nov. 2015 ($0.01 Mil) and increased from Nov. 2015 ($0.01 Mil) to Nov. 2016 ($0.02 Mil).

Solidus Communications's annual cash and cash equivalents increased from Nov. 2014 ($0.00 Mil) to Nov. 2015 ($0.01 Mil) and increased from Nov. 2015 ($0.01 Mil) to Nov. 2016 ($0.02 Mil).


Solidus Communications Cash And Cash Equivalents Historical Data

The historical data trend for Solidus Communications'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.

* Premium members only.

Solidus Communications Cash And Cash Equivalents Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.02

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.02

Solidus Communications 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.


Solidus Communications  (OTCPK:SLDC) 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.


Solidus Communications Cash And Cash Equivalents Related Terms

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Solidus Communications Business Description

Traded in Other Exchanges
N/A
Address
260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in three segments; Business, Governmental, and Residential.
Executives
Jmz Alliance Group, Inc. 10 percent owner 1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr. director, officer: CEO, President 111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains director, 10 percent owner, officer: President, Secretary-Treasurer 7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

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