Track Data (Track Data) Cash And Cash Equivalents : $6.00 Mil (As of Sep. 2009)

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What is Track Data Cash And Cash Equivalents?

Track Data's quarterly cash and cash equivalents declined from Mar. 2009 ($6.88 Mil) to Jun. 2009 ($5.65 Mil) but then increased from Jun. 2009 ($5.65 Mil) to Sep. 2009 ($6.00 Mil).

Track Data's annual cash and cash equivalents declined from Dec. 2006 ($6.51 Mil) to Dec. 2007 ($5.28 Mil) but then increased from Dec. 2007 ($5.28 Mil) to Dec. 2008 ($7.14 Mil).

Track Data Cash And Cash Equivalents Historical Data

The historical data trend for Track Data'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.

Track Data Cash And Cash Equivalents Chart

Track Data Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Cash And Cash Equivalents

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6.82

4.47

6.51

5.28

7.14

Track Data Quarterly Data
	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09
Cash And Cash Equivalents	Get a 7-Day Free Trial															6.90	7.14	6.88	5.65	6.00

Track Data 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.

Track Data (OTCPK:TRAC) 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.

Track Data Cash And Cash Equivalents Related Terms

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Track Data (Track Data) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Track Data Corp (OTCPK:TRAC) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

95 Rockwell Place, Brooklyn, NY, USA, 11217

Website

http://www.trackdata.com

Track Data Corp is a financial services company. It provides real-time financial market data, fundamental research, charting and analytical services to institutional and individual investors through telecommunication lines and the Internet.

Executives

E Bruce Fredrikson	director	95 ROCKWELL PLACE, NEW YORK NY 11217
Abraham Biderman	director	C/O LIPPER & CO, 101 PARK AVE 6TH FLOOR, NEW YORK NY 10179
Charles Zabatta	director	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Stanley Stern	director, officer: Senior Vice President	C/O THCG, INC, 650 MADISON AVENUE, 21ST FL, NEW YORK NY 10022