TD Split (TSX:TDS.PR.C.PFD) Cash And Cash Equivalents : C$0.11 Mil (As of May. 2015)

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What is TD Split Cash And Cash Equivalents?

TD Split's quarterly cash and cash equivalents increased from May. 2014 (C$0.16 Mil) to Nov. 2014 (C$0.18 Mil) but then stayed the same from Nov. 2014 (C$0.18 Mil) to May. 2015 (C$0.11 Mil).

TD Split's annual cash and cash equivalents declined from Nov. 2012 (C$0.22 Mil) to Nov. 2013 (C$0.19 Mil) and declined from Nov. 2013 (C$0.19 Mil) to Nov. 2014 (C$0.18 Mil).

TD Split Cash And Cash Equivalents Historical Data

The historical data trend for TD Split'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.

TD Split Cash And Cash Equivalents Chart

TD Split Annual Data

Trend

Nov05

Nov06

Nov07

Nov08

Nov09

Nov10

Nov11

Nov12

Nov13

Nov14

Cash And Cash Equivalents

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49.03

0.48

0.22

0.19

0.18

TD Split Semi-Annual Data
	May05	Nov05	May06	Nov06	Nov07	May08	Nov08	May09	Nov09	May10	Nov10	May11	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.19	0.19	0.16	0.18	0.11

TD Split 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.

TD Split (TSX:TDS.PR.C.PFD) 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.

TD Split Cash And Cash Equivalents Related Terms

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TD Split (TSX:TDS.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TD Split Inc (TSX:TDS.PR.C.PFD) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Website

http://www.timbercreek.com

TD Split Inc., incorporated under the laws of the Province of Ontario on July 31, 2000. The Company is a closed-end mutual fund corporation mainly invests in common shares of The Toronto-Dominion Bank. The Company is a provider of advisory and capital market services and the premier provider of liquidity to corporations, governments and institutions.

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