SA de Deportes Club de Golfntiago (XSGO:GOLF) Cash And Cash Equivalents : CLP0.26 Mil (As of Dec. 2011)

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What is SA de Deportes Club de Golfntiago Cash And Cash Equivalents?

SA de Deportes Club de Golfntiago's quarterly cash and cash equivalents declined from Dec. 2009 (CLP0.22 Mil) to Dec. 2010 (CLP0.17 Mil) but then increased from Dec. 2010 (CLP0.17 Mil) to Dec. 2011 (CLP0.26 Mil).

SA de Deportes Club de Golfntiago's annual cash and cash equivalents declined from Dec. 2009 (CLP0.22 Mil) to Dec. 2010 (CLP0.17 Mil) but then increased from Dec. 2010 (CLP0.17 Mil) to Dec. 2011 (CLP0.26 Mil).

SA de Deportes Club de Golfntiago Cash And Cash Equivalents Historical Data

The historical data trend for SA de Deportes Club de Golfntiago'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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SA de Deportes Club de Golfntiago Cash And Cash Equivalents Chart

SA de Deportes Club de Golfntiago Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Cash And Cash Equivalents

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0.21

0.11

0.22

0.17

0.26

SA de Deportes Club de Golfntiago Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.21	0.11	0.22	0.17	0.26

SA de Deportes Club de Golfntiago 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.

SA de Deportes Club de Golfntiago (XSGO:GOLF) 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.

SA de Deportes Club de Golfntiago Cash And Cash Equivalents Related Terms

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SA de Deportes Club de Golfntiago (XSGO:GOLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SA de Deportes Club de Golf Santiago (XSGO:GOLF) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Avenida Presidente Riesco 3700, Las Condes, Santiago, CHL

Website

http://www.golflosleones.cl

SA de Deportes Club de Golf Santiago is engaged in the leisure and recreational industry. The Company's main activities are promotion of sports and the operation of Club de Golf los Leones, a private golf club located in Santiago. Its activities include fitness center, restaurants, nursery school.