SMSA Treemont Acquisition (SMSA Treemont Acquisition) Cash, Cash Equivalents, Marketable Securities : $2.94 Mil (As of Jun. 2012)

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What is SMSA Treemont Acquisition Cash, Cash Equivalents, Marketable Securities?

SMSA Treemont Acquisition's quarterly cash, cash equivalents, marketable securities increased from Dec. 2011 ($0.65 Mil) to Mar. 2012 ($1.05 Mil) and increased from Mar. 2012 ($1.05 Mil) to Jun. 2012 ($2.94 Mil).

SMSA Treemont Acquisition's annual cash, cash equivalents, marketable securities increased from Dec. 2009 ($0.00 Mil) to Dec. 2010 ($6.63 Mil) but then declined from Dec. 2010 ($6.63 Mil) to Dec. 2011 ($0.65 Mil).

SMSA Treemont Acquisition Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for SMSA Treemont Acquisition'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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SMSA Treemont Acquisition Cash, Cash Equivalents, Marketable Securities Chart

SMSA Treemont Acquisition Annual Data

Trend

Dec09

Dec10

Dec11

Cash, Cash Equivalents, Marketable Securities

6.63

0.65

SMSA Treemont Acquisition Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial						2.70	0.75	0.65	1.05	2.94

SMSA Treemont Acquisition 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.

SMSA Treemont Acquisition (OTCPK:SAQU) 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.

SMSA Treemont Acquisition Cash, Cash Equivalents, Marketable Securities Related Terms

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SMSA Treemont Acquisition (SMSA Treemont Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SMSA Treemont Acquisition Corp (OTCPK:SAQU) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

Website

SMSA Treemont Acquisition Corp's current business plan is to seek to identify a privately-held operating company desiring to become a publicly held company by merging with us through a reverse merger or acquisition.

Executives

Timothy P Halter	director, 10 percent owner, officer: CEO, Pres, CFO, Chairman, Secy	174 FM 1830, ARGYLE TX 76226
George L Diamond	10 percent owner	174 FM 1830, ARGYLE TX 76226
David F Brigante	10 percent owner	174FM 1830, ARGYLE TX 76226
Marat Rosenberg	10 percent owner	17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp	10 percent owner	174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc	10 percent owner	174 FM 1830, ARGYLE TX 76226

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