Solidus Communications (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.

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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

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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					-	-	-	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 (Solidus Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Solidus Communications Inc (OTCPK:SLDC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

454 South Yonge Street, Suite 3A, Ormond Beach, FL, USA, 32174

Website

https://www.soliduscommunications.com

Solidus Communications Inc offers telecommunication services and equipment, including mobile phones, mobile voice service, and VoIP service. It offers prepaid service/plans that include predefined minute/unlimited minute plans. It offers services under the brand names Amgentech and Telco Cuba. Under the brand name Telco Cuba, the company is targeting the Cuban American demographic in the United States. Under the brand name Amgentech, offers the best of breed technology solutions which include, but are not limited to Software and Network architecture services, software development, website development, hosting and colocation services, managed network and server services, voice over IP servers and bulk mailing services.

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

Solidus Communications (Solidus Communications) Headlines

From GuruFocus

Solidus Communications, Inc. is Pleased to Report on Direction, Growth, and Acquisitions

By sperokesalga sperokesalga • 04-18-2023

Solidus Communications Announces Appointment of Thomas A. Langford as Director

By ACCESSWIRE • 01-11-2024