Amica Mature Lifestyles (TSX:ACC) Cash And Cash Equivalents : C$3.9 Mil (As of Aug. 2015)

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What is Amica Mature Lifestyles Cash And Cash Equivalents?

Amica Mature Lifestyles's quarterly cash and cash equivalents declined from Feb. 2015 (C$4.87 Mil) to May. 2015 (C$3.75 Mil) but then increased from May. 2015 (C$3.75 Mil) to Aug. 2015 (C$3.93 Mil).

Amica Mature Lifestyles's annual cash and cash equivalents declined from May. 2013 (C$8.79 Mil) to May. 2014 (C$5.28 Mil) and declined from May. 2014 (C$5.28 Mil) to May. 2015 (C$3.75 Mil).

Amica Mature Lifestyles Cash And Cash Equivalents Historical Data

The historical data trend for Amica Mature Lifestyles'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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Amica Mature Lifestyles Cash And Cash Equivalents Chart

Amica Mature Lifestyles Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

May13

May14

May15

Cash And Cash Equivalents

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10.20

31.28

8.79

5.28

3.75

Amica Mature Lifestyles Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Cash And Cash Equivalents	Get a 7-Day Free Trial															4.71	4.50	4.87	3.75	3.93

Amica Mature Lifestyles 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.

Amica Mature Lifestyles (TSX:ACC) 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.

Amica Mature Lifestyles Cash And Cash Equivalents Related Terms

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Amica Mature Lifestyles (TSX:ACC) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.amica.ca

Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.