Wowjoint Holdings (Wowjoint Holdings) Cash, Cash Equivalents, Marketable Securities : $1.57 Mil (As of Dec. 2013)

View and export this data going back to 2008. Start your Free Trial

What is Wowjoint Holdings Cash, Cash Equivalents, Marketable Securities?

Wowjoint Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2012 ($1.71 Mil) to Jun. 2013 ($2.27 Mil) but then stayed the same from Jun. 2013 ($2.27 Mil) to Dec. 2013 ($1.57 Mil).

Wowjoint Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2011 ($4.59 Mil) to Dec. 2012 ($1.71 Mil) and declined from Dec. 2012 ($1.71 Mil) to Dec. 2013 ($1.57 Mil).

Wowjoint Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Wowjoint Holdings's Cash, Cash Equivalents, Marketable Securities 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.

Wowjoint Holdings Cash, Cash Equivalents, Marketable Securities Chart

Wowjoint Holdings Annual Data

Trend

Dec08

Dec10

Dec11

Dec12

Dec13

Cash, Cash Equivalents, Marketable Securities

0.31

2.17

4.59

1.71

1.57

Wowjoint Holdings Quarterly Data
	May08	Dec08	Jun09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Dec12	Jun13	Dec13
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial											1.48	2.27	1.71	2.27	1.57

Wowjoint Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Wowjoint Holdings (OTCPK:BWOWF) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Wowjoint Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Wowjoint Holdings's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Wowjoint Holdings (Wowjoint Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wowjoint Holdings Ltd (OTCPK:BWOWF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Xinfeng Road, Deshemengwai Street, 1108 A Block Tiancheng Mansion, Xicheng District, Beijing, CHN, 100088

Website

http://www.wowjoint.com

Wowjoint Holdings Ltd provides infrastructure solutions for customized heavy duty lifting and carrying machinery used in large-scale projects. The company operates under the manufacture and marketing of non-standard heavy lifting and carrying equipment in China. The equipment and machinery are used in various engineering fields, such as bridge, road and railway construction, as well as in areas of heavy capacity lifting and transporting of concrete beams, boats, and shipping containers. Geographically all the operations are functioned through the region of China.

Wowjoint Holdings (Wowjoint Holdings) Headlines

No Headlines