Tuscany International Drilling, (FRA:TS1) Ending Cash Position : €7.8 Mil (As of Mar. 2014)

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What is Tuscany International Drilling, Ending Cash Position?

Tuscany International Drilling,'s Ending Cash Position for the quarter that ended in Mar. 2014 was €7.8 Mil.

Tuscany International Drilling,'s quarterly Ending Cash Position declined from Sep. 2013 (€5.8 Mil) to Dec. 2013 (€4.6 Mil) but then increased from Dec. 2013 (€4.6 Mil) to Mar. 2014 (€7.8 Mil).

Tuscany International Drilling,'s annual Ending Cash Position declined from Dec. 2011 (€10.0 Mil) to Dec. 2012 (€4.8 Mil) and declined from Dec. 2012 (€4.8 Mil) to Dec. 2013 (€4.6 Mil).

Tuscany International Drilling, Ending Cash Position Historical Data

The historical data trend for Tuscany International Drilling,'s Ending Cash Position 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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Tuscany International Drilling, Ending Cash Position Chart

Tuscany International Drilling, Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Ending Cash Position

1.26

36.26

10.00

4.80

4.59

Tuscany International Drilling, Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Ending Cash Position	Get a 7-Day Free Trial															9.75	7.76	5.83	4.59	7.77

Tuscany International Drilling, Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Tuscany International Drilling,'s Ending Cash Position for the fiscal year that ended in Dec. 2013 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	4.602	+	-0.011000000000001
	=	4.6

Tuscany International Drilling,'s Ending Cash Position for the quarter that ended in Mar. 2014 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	4.546	+	3.226
	=	7.8

Tuscany International Drilling, Ending Cash Position Related Terms

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Tuscany International Drilling, (FRA:TS1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tuscany International Drilling, Inc. (FRA:TS1) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.tuscanydrilling.com

Tuscany International Drilling Inc was incorporated on April 6, 2004, pursuant to the provisions of the Business Corporations Act Alberta. The company is a Canadian-based oilfield services company; offering drilling, completion and workover services to the oil and natural gas industry, in South America. It is comprised of 26 owned drilling and workover rigs. It competes directly with various international and local companies in each region in which it operate.

Tuscany International Drilling, (FRA:TS1) Headlines

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