Alabama Aircraft Industries (Alabama Aircraft Industries) Cash And Cash Equivalents : $7.61 Mil (As of Dec. 2008)

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What is Alabama Aircraft Industries Cash And Cash Equivalents?

Alabama Aircraft Industries's quarterly cash and cash equivalents declined from Jun. 2008 ($12.36 Mil) to Sep. 2008 ($7.80 Mil) but then stayed the same from Sep. 2008 ($7.80 Mil) to Dec. 2008 ($7.61 Mil).

Alabama Aircraft Industries's annual cash and cash equivalents increased from Dec. 2006 ($0.02 Mil) to Dec. 2007 ($8.80 Mil) but then declined from Dec. 2007 ($8.80 Mil) to Dec. 2008 ($7.61 Mil).

Alabama Aircraft Industries Cash And Cash Equivalents Historical Data

The historical data trend for Alabama Aircraft Industries's Cash And Cash Equivalents 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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Alabama Aircraft Industries Cash And Cash Equivalents Chart

Alabama Aircraft Industries Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Cash And Cash Equivalents

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3.35

0.03

0.02

8.80

7.61

Alabama Aircraft Industries Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08
Cash And Cash Equivalents	Get a 7-Day Free Trial															8.80	9.85	12.36	7.80	7.61

Alabama Aircraft Industries Cash And Cash Equivalents 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.

Alabama Aircraft Industries (OTCPK:AAIIQ) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Alabama Aircraft Industries Cash And Cash Equivalents Related Terms

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Alabama Aircraft Industries (Alabama Aircraft Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Alabama Aircraft Industries Inc (OTCPK:AAIIQ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1943 North 50th Street, Birmingham, AL, USA, 35212

Website

http://www.pemcoair.com

Alabama Aircraft Industries Inc is an aerospace & defense company, which provides aircraft maintenance & modification services to the U.S. Government, including complete airframe inspection, maintenance, repair & custom airframe design & modification.

Executives

Hugh Steven Wilson	director	C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Tennenbaum	director	C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Robert Eugene Joyal	director	352 WARDNER ROAD, WEST WINDSOR VT 05089
Tennenbaum Capital Partners Llc	10 percent owner	2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Mark Holdsworth	director	140 S. LAKE AVE., STE. 304, PASADENA CA 91101
Tennenbaum & Co Llc	10 percent owner	1999 AVENUE OF THE STARS, LOS ANGELES CA 90067-6100
Peter Thiel	other: See Footnote (1)	9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069

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