Lombard Medical Technologies (LSE:LMT) Cash And Cash Equivalents : £2.75 Mil (As of Dec. 2012)

View and export this data going back to . Start your Free Trial

What is Lombard Medical Technologies Cash And Cash Equivalents?

Lombard Medical Technologies's quarterly cash and cash equivalents increased from Dec. 2010 (£5.75 Mil) to Dec. 2011 (£7.52 Mil) but then stayed the same from Dec. 2011 (£7.52 Mil) to Dec. 2012 (£2.75 Mil).

Lombard Medical Technologies's annual cash and cash equivalents increased from Dec. 2010 (£5.75 Mil) to Dec. 2011 (£7.52 Mil) but then declined from Dec. 2011 (£7.52 Mil) to Dec. 2012 (£2.75 Mil).

Lombard Medical Technologies Cash And Cash Equivalents Historical Data

The historical data trend for Lombard Medical Technologies'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.

* Premium members only.

Lombard Medical Technologies Cash And Cash Equivalents Chart

Lombard Medical Technologies Annual Data

Trend

Sep02

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.76

1.34

5.75

7.52

2.75

Lombard Medical Technologies Semi-Annual Data
	Sep02	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Cash And Cash Equivalents	Get a 7-Day Free Trial					0.76	1.34	5.75	7.52	2.75

Lombard Medical Technologies 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.

Lombard Medical Technologies (LSE:LMT) 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.

Lombard Medical Technologies Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Lombard Medical Technologies's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Lombard Medical Technologies (LSE:LMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Lombard Medical Technologies PLC (LSE:LMT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.lombardmedical.com

Lombard Medical Technologies PLC is engaged in the design and development of endovascular stent grafts, their manufacture, and commercialization either directly through the group's own sales force or through a network of local distributors supported by clinical specialists from Lombard Medical. The principal product, the AorfixT AAA stent graft has European CE mark approval for use in patients with high-angle-neck aneurysms of up to 90 degrees. The group has operations in United Kingdom and United States of America.