Bit-isle (TSE:3811) Cash And Cash Equivalents : 円4,389 Mil (As of Jul. 2015)

View and export this data going back to . Start your Free Trial

What is Bit-isle Cash And Cash Equivalents?

Bit-isle's quarterly cash and cash equivalents declined from Jan. 2015 (円4,228.00 Mil) to Apr. 2015 (円3,454.00 Mil) but then increased from Apr. 2015 (円3,454.00 Mil) to Jul. 2015 (円4,389.00 Mil).

Bit-isle's annual cash and cash equivalents increased from Jul. 2013 (円6,220.00 Mil) to Jul. 2014 (円6,913.00 Mil) but then declined from Jul. 2014 (円6,913.00 Mil) to Jul. 2015 (円4,389.00 Mil).

Bit-isle Cash And Cash Equivalents Historical Data

The historical data trend for Bit-isle'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.

Bit-isle Cash And Cash Equivalents Chart

Bit-isle Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Cash And Cash Equivalents

Get a 7-Day Free Trial

3,456.21

3,045.75

6,220.00

6,913.00

4,389.00

Bit-isle Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Cash And Cash Equivalents	Get a 7-Day Free Trial															6,913.00	6,171.00	4,228.00	3,454.00	4,389.00

Bit-isle 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.

Bit-isle (TSE:3811) 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.

Bit-isle Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Bit-isle's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Bit-isle (TSE:3811) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bit-isle Inc (TSE:3811) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bit-isle.co.jp

Bit-isle Inc is engaged in the data center business, eveloping a comprehensive business IT outsourcing services to the axis 3 iDC services, managed services and solutions services.

Bit-isle (TSE:3811) Headlines

No Headlines