What is Artio Global Investors, Cash, Cash Equivalents, Marketable Securities?
Artio Global Investors,'s quarterly cash, cash equivalents, marketable securities
declined
from Sep. 2012 (€113.95 Mil) to Dec. 2012 (€69.91 Mil) but then
increased
from Dec. 2012 (€69.91 Mil) to Mar. 2013 (€99.26 Mil).
Artio Global Investors,'s annual cash, cash equivalents, marketable securities
increased
from Dec. 2010 (€60.51 Mil) to Dec. 2011 (€83.79 Mil) but then
declined
from Dec. 2011 (€83.79 Mil) to Dec. 2012 (€69.91 Mil).
Artio Global Investors, Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for Artio Global Investors,'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.
Artio Global Investors, Cash, Cash Equivalents, Marketable Securities Chart
Artio Global Investors, 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.
Artio Global Investors, (FRA:A1I) 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.
Artio Global Investors, Cash, Cash Equivalents, Marketable Securities Related Terms
Thank you for viewing the detailed overview of Artio Global Investors,'s Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.
Artio Global Investors Inc. was incorporated in Delaware. The Company is an asset management Company that provides investment management services to institutional and mutual fund clients. In addition to International Equity, it offers a select group of other equity and fixed income strategies, including Global Equity, a series of U.S. Equity strategies, High Grade Fixed Income, High Yield and Local Emerging Markets Debt. Currently, it manage and advise the following investment vehicles through which clients can access its investment capabilities: proprietary funds; commingled institutional investment vehicles; institutional separate accounts; sub-advisory accounts; and a hedge fund. Its operations and clients are based principally in the U.S.; however, a substantial portion of its AuM is invested outside of the U.S. Its revenues are mainly billed in U.S. dollars, driven by investment management fees earned from managing clients' assets, and are calculated on the U.S. dollar value of the investment assets it manage for clients. Its distribution efforts target institutions and organizations that demonstrate institutional buying behavior and longer-term investment horizons, such as pension fund consultants, broker dealers, registered investment advisors ('RIAs'), mutual fund platforms and sub-advisory relationships, enabling it to achieve significant leverage from its focused sales force and client service infrastructure. It also manage assets for more than 700,000 retail mutual fund shareholders through SEC-registered funds and other retail investors through 10 funds that it sub-advise for others. It competes in all aspects of its business with other investment management companies. The Company's business is subject to extensive regulation in the U.S. at both the federal and state level, as well as by self-regulatory organizations and outside the U.S.
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