Solar Enertech (Solar Enertech) Cash And Cash Equivalents : $1.10 Mil (As of Dec. 2011)

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What is Solar Enertech Cash And Cash Equivalents?

Solar Enertech's quarterly cash and cash equivalents declined from Jun. 2011 ($2.25 Mil) to Sep. 2011 ($1.32 Mil) but then stayed the same from Sep. 2011 ($1.32 Mil) to Dec. 2011 ($1.10 Mil).

Solar Enertech's annual cash and cash equivalents increased from Sep. 2009 ($1.72 Mil) to Sep. 2010 ($6.58 Mil) but then declined from Sep. 2010 ($6.58 Mil) to Sep. 2011 ($1.32 Mil).

Solar Enertech Cash And Cash Equivalents Historical Data

The historical data trend for Solar Enertech'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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Solar Enertech Cash And Cash Equivalents Chart

Solar Enertech Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Cash And Cash Equivalents

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3.91

3.24

1.72

6.58

1.32

Solar Enertech Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.70	1.69	2.25	1.32	1.10

Solar Enertech 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.

Solar Enertech (OTCPK:SOEN) 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.

Solar Enertech Cash And Cash Equivalents Related Terms

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Solar Enertech (Solar Enertech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solar Enertech Corp (OTCPK:SOEN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

655 West Evelyn Avenue, Suite 2, Mountain View, CA, USA, 94041

Website

http://www.solarenertech.com

Solar Enertech Corp currently operates as a photovoltaic solar energy cell manufacturer.

Executives

David Anthony	director	200 LUDLOW DRIVE, EWING NJ 08638
David Gelbaum	10 percent owner, other: Co-Trustee	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Monica Chavez Gelbaum	10 percent owner, other: Co-Trustee	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Quercus Trust	10 percent owner	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Luxor Capital Group, Lp	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Select Llc	10 percent owner	767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lcg Select Offshore Ltd	10 percent owner	PO BOX 309GT UGLAND HOUSE SOUTH CHURCH S, GEORGE TOWN, GRAND CAYAMAN CAYMAN E9 00000

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