TSCC (Technology Solutions Co) Cash And Cash Equivalents : $2.52 Mil (As of Dec. 2008)

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What is Technology Solutions Co Cash And Cash Equivalents?

Technology Solutions Co's quarterly cash and cash equivalents declined from Jun. 2008 ($4.05 Mil) to Sep. 2008 ($2.27 Mil) but then increased from Sep. 2008 ($2.27 Mil) to Dec. 2008 ($2.52 Mil).

Technology Solutions Co's annual cash and cash equivalents declined from Dec. 2006 ($13.51 Mil) to Dec. 2007 ($1.80 Mil) but then increased from Dec. 2007 ($1.80 Mil) to Dec. 2008 ($2.52 Mil).

Technology Solutions Co Cash And Cash Equivalents Historical Data

The historical data trend for Technology Solutions Co'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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Technology Solutions Co Cash And Cash Equivalents Chart

Technology Solutions Co Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Cash And Cash Equivalents

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30.03

20.14

13.51

1.80

2.52

Technology Solutions Co Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.80	1.62	4.05	2.27	2.52

Technology Solutions Co 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.

Technology Solutions Co (OTCPK:TSCC) 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.

Technology Solutions Co Cash And Cash Equivalents Related Terms

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Technology Solutions Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Technology Solutions Co (OTCPK:TSCC) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

55 East Monroe street, Suite 2600, Chicago, IL, USA, 60603

Website

Technology Solutions Co provides business-consulting services across a broad range of industries and areas of expertise. The company provides business strategy and assessment services.

Executives

Miller Lloyd I Iii	10 percent owner
Gerald Luterman	director	70 VALLEY STREAM PARKWAY, MALVERN PA 19355
John R Purcell	director	14155 US HIGHWAY #310, JUNO BEACH FL 33408-1431
Stephen B Oresman	director	49 SUNSWYCK ROAD, DARIEN CT 06820
William H Waltrip	director, officer: Former Chairman	901 GATEWAY BLVD, SOUTH SAN FRANCISCO CA 94080

Technology Solutions Co Headlines

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