VidWRX (TSXV:VID.H) Cash And Cash Equivalents : C$0.61 Mil (As of Sep. 2015)

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What is VidWRX Cash And Cash Equivalents?

VidWRX's quarterly cash and cash equivalents increased from Mar. 2015 (C$0.23 Mil) to Jun. 2015 (C$0.27 Mil) and increased from Jun. 2015 (C$0.27 Mil) to Sep. 2015 (C$0.61 Mil).

VidWRX's annual cash and cash equivalents declined from Dec. 2012 (C$0.25 Mil) to Dec. 2013 (C$0.11 Mil) and declined from Dec. 2013 (C$0.11 Mil) to Dec. 2014 (C$0.06 Mil).

VidWRX Cash And Cash Equivalents Historical Data

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

VidWRX Annual Data

Trend

Dec12

Dec13

Dec14

Cash And Cash Equivalents

0.25

0.11

0.06

VidWRX Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Cash And Cash Equivalents	Get a 7-Day Free Trial									-	0.06	0.23	0.27	0.61

VidWRX 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.

VidWRX (TSXV:VID.H) 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.

VidWRX Cash And Cash Equivalents Related Terms

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VidWRX (TSXV:VID.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VidWRX Inc (TSXV:VID.H) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.vidwrx.com

VidWRX Inc is engaged in developing and operating cloud-based video content production platforms and video production series targeting the business and news markets across North America. It provides a range of resale, white-label, and on-demand video production service and products across North America to video markets, which include business video (Web services companies, digital publishers, Internet and social media marketing agencies and corporate partners), news video and content (broadcasters, newspapers, marketers and online media) and video advertisements (Internet marketing and digital agencies, video advertising platforms and ad networks).

VidWRX (TSXV:VID.H) Headlines

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