Posera (TSX:PAY) Cash And Cash Equivalents : C$3.56 Mil (As of Sep. 2019)

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What is Posera Cash And Cash Equivalents?

Posera's quarterly cash and cash equivalents declined from Mar. 2019 (C$5.73 Mil) to Jun. 2019 (C$4.81 Mil) but then stayed the same from Jun. 2019 (C$4.81 Mil) to Sep. 2019 (C$3.56 Mil).

Posera's annual cash and cash equivalents increased from Dec. 2016 (C$0.41 Mil) to Dec. 2017 (C$11.77 Mil) but then declined from Dec. 2017 (C$11.77 Mil) to Dec. 2018 (C$6.41 Mil).

Posera Cash And Cash Equivalents Historical Data

The historical data trend for Posera'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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Posera Cash And Cash Equivalents Chart

Posera Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash And Cash Equivalents

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1.44

1.70

0.41

11.77

6.41

Posera Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Cash And Cash Equivalents	Get a 7-Day Free Trial															7.10	6.41	5.73	4.81	3.56

Posera 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.

Posera (TSX:PAY) 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.

Posera Cash And Cash Equivalents Related Terms

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Posera (TSX:PAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Posera Ltd (TSX:PAY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

341 Talbot Street, London, ON, CAN, N6A 2R5

Website

https://www.posera.com

Posera Ltd is a Canada-based company, which is engaged in the business of managing merchant transactions with consumers and facilitating payments. The company develops and deploys touch screen point-of-sale (POS) system software and associated enterprise management tools and provides system hardware integration services, merchant staff training, system installation services and post-sale software and hardware support services. It derives most of its revenues from North America.