Vie Financial Group (Vie Financial Group) Cash And Cash Equivalents : $0.02 Mil (As of Sep. 2004)

View and export this data going back to 1996. Start your Free Trial

What is Vie Financial Group Cash And Cash Equivalents?

Vie Financial Group's quarterly cash and cash equivalents increased from Mar. 2004 ($0.02 Mil) to Jun. 2004 ($1.50 Mil) but then stayed the same from Jun. 2004 ($1.50 Mil) to Sep. 2004 ($0.02 Mil).

Vie Financial Group's annual cash and cash equivalents increased from Mar. 2002 ($0.64 Mil) to Mar. 2003 ($2.25 Mil) but then declined from Mar. 2003 ($2.25 Mil) to Mar. 2004 ($0.02 Mil).

Vie Financial Group Cash And Cash Equivalents Historical Data

The historical data trend for Vie Financial Group'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.

Vie Financial Group Cash And Cash Equivalents Chart

Vie Financial Group Annual Data

Trend

Mar95

Mar96

Mar97

Mar98

Mar99

Mar00

Mar01

Mar02

Mar03

Mar04

Cash And Cash Equivalents

Get a 7-Day Free Trial

15.37

6.03

0.64

2.25

0.02

Vie Financial Group Quarterly Data
	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04
Cash And Cash Equivalents	Get a 7-Day Free Trial															4.12	3.33	0.02	1.50	0.02

Vie Financial Group 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.

Vie Financial Group (GREY:VIFI) 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.

Vie Financial Group Cash And Cash Equivalents Related Terms

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

Vie Financial Group (Vie Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vie Financial Group Inc (GREY:VIFI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1114 Avenue of the Americas, 22nd Floor, 22 Floor, New York, NY, USA, 10036

Website

Vie Financial Group Inc provides electronic trading services to institutional investors and broker-dealers.

Vie Financial Group (Vie Financial Group) Headlines

No Headlines