Career College Holding Co (Career College Holding Co) Cash, Cash Equivalents, Marketable Securities : $0.19 Mil (As of Jan. 2001)

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What is Career College Holding Co Cash, Cash Equivalents, Marketable Securities?

Career College Holding Co's quarterly cash, cash equivalents, marketable securities declined from Jul. 2000 ($1.86 Mil) to Oct. 2000 ($0.34 Mil) but then stayed the same from Oct. 2000 ($0.34 Mil) to Jan. 2001 ($0.19 Mil).

Career College Holding Co's annual cash, cash equivalents, marketable securities stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Jul. 2099 ($5.89 Mil).

Career College Holding Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Career College Holding Co'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.

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Career College Holding Co Cash, Cash Equivalents, Marketable Securities Chart

Career College Holding Co Annual Data

Trend

Jul99

Cash, Cash Equivalents, Marketable Securities

5.89

Career College Holding Co Quarterly Data
	Jul99	Oct99	Jan00	Apr00	Jul00	Oct00	Jan01
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			2.78	8.02	1.86	0.34	0.19

Career College Holding Co 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.

Career College Holding Co (OTCPK:CCHZ) 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.

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Career College Holding Co (Career College Holding Co) Business Description

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