China TMK Battery Systems (China TMK Battery Systems) Cash And Cash Equivalents : $1.65 Mil (As of Sep. 2011)

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What is China TMK Battery Systems Cash And Cash Equivalents?

China TMK Battery Systems's quarterly cash and cash equivalents increased from Mar. 2011 ($0.66 Mil) to Jun. 2011 ($8.90 Mil) but then stayed the same from Jun. 2011 ($8.90 Mil) to Sep. 2011 ($1.65 Mil).

China TMK Battery Systems's annual cash and cash equivalents declined from Sep. 2008 ($0.02 Mil) to Sep. 2009 ($0.00 Mil) but then increased from Sep. 2009 ($0.00 Mil) to Dec. 2010 ($0.36 Mil).

China TMK Battery Systems Cash And Cash Equivalents Historical Data

The historical data trend for China TMK Battery Systems'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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China TMK Battery Systems Cash And Cash Equivalents Chart

China TMK Battery Systems Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Dec10

Cash And Cash Equivalents

0.02

0.06

0.02

0.36

China TMK Battery Systems Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Cash And Cash Equivalents	Get a 7-Day Free Trial															5.42	0.36	0.66	8.90	1.65

China TMK Battery Systems 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.

China TMK Battery Systems (OTCPK:DFEL) 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.

China TMK Battery Systems Cash And Cash Equivalents Related Terms

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China TMK Battery Systems (China TMK Battery Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China TMK Battery Systems Inc (OTCPK:DFEL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fuhua Road, Room 2406, East Block, Great China International Exchange Square, Futian District, Shenzhen, CHN, 7390

Website

https://www.tmk-battery.com

China TMK Battery Systems Inc is a United States is based on the research and development, manufacturing, sales and service of core products in the new energy industry. The company has newly established a number of wholly-owned subsidiaries in mainland China, which are distributed in the centralized rapid charging for new energy vehicles, lithium batteries, new materials, artificial intelligence basic software equipment, Internet and other.

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