National Tax Credit Partners LP (National Tax Credit Partners LP) Cash, Cash Equivalents, Marketable Securities : $0.06 Mil (As of Dec. 2012)

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What is National Tax Credit Partners LP Cash, Cash Equivalents, Marketable Securities?

National Tax Credit Partners LP's quarterly cash, cash equivalents, marketable securities declined from Dec. 2010 ($0.14 Mil) to Dec. 2011 ($0.11 Mil) but then stayed the same from Dec. 2011 ($0.11 Mil) to Dec. 2012 ($0.06 Mil).

National Tax Credit Partners LP's annual cash, cash equivalents, marketable securities declined from Dec. 2010 ($0.14 Mil) to Dec. 2011 ($0.11 Mil) and declined from Dec. 2011 ($0.11 Mil) to Dec. 2012 ($0.06 Mil).

National Tax Credit Partners LP Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for National Tax Credit Partners LP'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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National Tax Credit Partners LP Cash, Cash Equivalents, Marketable Securities Chart

National Tax Credit Partners LP Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash, Cash Equivalents, Marketable Securities

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0.14

0.11

0.06

National Tax Credit Partners LP Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	-	0.14	0.11	0.06

National Tax Credit Partners LP 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.

National Tax Credit Partners LP (OTCPK:NTXCZ) 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.

National Tax Credit Partners LP Cash, Cash Equivalents, Marketable Securities Related Terms

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National Tax Credit Partners LP (National Tax Credit Partners LP) Business Description

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National Tax Credit Partners, L.P. is a limited partnership formed under the laws of the State of California on March 7, 1989. The Partnership was formed to invest primarily in other limited partnerships (the Local Partnerships) which own or lease and operate multifamily housing complexes that are eligible for low-income housing tax credits, or in certain cases, historic rehabilitation tax credits (Tax Credits). The general partner of the Partnership (the General Partner) is National Partnership Investments Corp. The Partnership holds limited partnership interests in twelve Local Partnerships, located in six states and Puerto Rico. The Local Partnerships own residential projects consisting of 682 apartment units.

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