Ultra Construction & Engineering Co (XKRX:004320) Cash And Cash Equivalents : ₩15,260 Mil (As of Dec. 2016)

Ultra Construction & Engineering Co Cash And Cash Equivalents Chart

Ultra Construction & Engineering Co Annual Data
	Trend	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16
Cash And Cash Equivalents		Get a 7-Day Free Trial					49,441.18	9,327.71	7,907.90	5,461.60	15,260.42

Ultra Construction & Engineering Co Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Jun15	Sep15	Dec15	Jun16	Sep16	Dec16
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	5,461.60	10,554.88	8,239.95	15,260.42

Ultra Construction & Engineering Co 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.

Ultra Construction & Engineering Co  (XKRX:004320) 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.

Ultra Construction & Engineering Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Ultra Construction & Engineering Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Ultra Construction & Engineering Co (XKRX:004320) Business Description