Commerce Energy Group (Commerce Energy Group) Cash, Cash Equivalents, Marketable Securities : $0.0 Mil (As of Apr. 2009)

Commerce Energy Group Cash, Cash Equivalents, Marketable Securities Chart

Commerce Energy Group Annual Data
	Trend	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul07	Jul08
Cash, Cash Equivalents, Marketable Securities		Get a 7-Day Free Trial				54.07	33.34	22.94	6.56	5.04

Commerce Energy Group Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															10.37	5.04	-	-	-

Commerce Energy Group 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.

Commerce Energy Group  (OTCPK:CMNR) 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.

Commerce Energy Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Commerce Energy Group (Commerce Energy Group) Business Description