TCEC (TransCoastal) Ending Cash Position: $0.26 Mil (As of Jun. 2015)

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What is TransCoastal Ending Cash Position?

TransCoastal TCEC Ending Cash Position is $0.26 Mil as of Jun. 2015.

TransCoastal's Ending Cash Position for the quarter that ended in Jun. 2015 was $0.26 Mil.

TransCoastal's quarterly Ending Cash Position declined from Dec. 2014 ($0.13 Mil) to Mar. 2015 ($0.00 Mil) but then increased from Mar. 2015 ($0.00 Mil) to Jun. 2015 ($0.26 Mil).

TransCoastal's annual Ending Cash Position increased from Dec. 2012 ($0.13 Mil) to Dec. 2013 ($0.43 Mil) but then declined from Dec. 2013 ($0.43 Mil) to Dec. 2014 ($0.13 Mil).

TransCoastal Ending Cash Position Related Terms

TransCoastal Ending Cash Position Historical Data

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The historical data trend for TransCoastal'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.

TransCoastal Ending Cash Position Chart

TransCoastal Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.04 0.13 0.43 0.13

TransCoastal Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.01 0.25 0.13 0.00 0.26

TransCoastal 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.

TransCoastal's Ending Cash Position for the fiscal year that ended in Dec. 2014 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.435+-0.307
=0.13

TransCoastal's Ending Cash Position for the quarter that ended in Jun. 2015 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0+0.258
=0.26

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.26 Mil mean?
TransCoastal (TCEC) has a Ending Cash Position of $0.26 Mil as of Jun. 2015. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on TransCoastal and its competitors.
Is TransCoastal's Ending Cash Position too high?
TransCoastal's current Ending Cash Position is $0.26 Mil.
How does TransCoastal's Ending Cash Position compare to UNGS and FPPP?
TransCoastal's Ending Cash Position of $0.26 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for an Oil & Gas company?
A good Ending Cash Position depends on the Oil & Gas industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on TransCoastal and its competitors. TransCoastal's current Ending Cash Position is $0.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TransCoastal stock overvalued right now?
TransCoastal (TCEC) has a current Ending Cash Position of $0.26 Mil. The current Ending Cash Position is $0.26 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For TransCoastal (TCEC), the current Ending Cash Position is $0.26 Mil as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TransCoastal Business Description

Industry EnergyOil & Gas
Address 4975 Voyager Drive, Dallas, TX, USA, 75237
TransCoastal Corp is an oil and gas exploration and production company. It is engaged in the development of oil and gas reserves in the state of Texas. The company has acquired or divested over 100 wells in Texas and has over 200 undeveloped locations on over 6000 acres of leased oil and gas property located primarily in the panhandle area of west Texas.