GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy Corp (FRA:TGV) » Definitions » Cash, Cash Equivalents, Marketable Securities

Tallgrass Energy (FRA:TGV) Cash, Cash Equivalents, Marketable Securities : €0.30 Mil (As of Dec. 2012)


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

What is Tallgrass Energy Cash, Cash Equivalents, Marketable Securities?

Tallgrass Energy's quarterly cash, cash equivalents, marketable securities declined from Dec. 2010 (€9.08 Mil) to Dec. 2011 (€0.00 Mil) but then increased from Dec. 2011 (€0.00 Mil) to Dec. 2012 (€0.30 Mil).

Tallgrass Energy's annual cash, cash equivalents, marketable securities declined from Dec. 2010 (€9.08 Mil) to Dec. 2011 (€0.00 Mil) but then increased from Dec. 2011 (€0.00 Mil) to Dec. 2012 (€0.30 Mil).


Tallgrass Energy Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Tallgrass Energy'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.

Tallgrass Energy Cash, Cash Equivalents, Marketable Securities Chart

Tallgrass Energy Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only 0.03 0.99 9.08 - 0.30

Tallgrass Energy Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only 0.03 0.99 9.08 - 0.30

Tallgrass Energy 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.


Tallgrass Energy  (FRA:TGV) 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.


Tallgrass Energy Cash, Cash Equivalents, Marketable Securities Related Terms

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


Tallgrass Energy (FRA:TGV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy Corp (FRA:TGV) » Definitions » Cash, Cash Equivalents, Marketable Securities
Traded in Other Exchanges
N/A
Address
Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

Tallgrass Energy (FRA:TGV) Headlines

No Headlines