Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Cash And Cash Equivalents : IRR5,754,742 Mil (As of Mar. 2015)

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What is Esfahans Mobarakeh Steel Co Cash And Cash Equivalents?

Esfahans Mobarakeh Steel Co's quarterly cash and cash equivalents increased from Mar. 2013 (IRR4,535,508.00 Mil) to Mar. 2014 (IRR8,297,047.00 Mil) but then stayed the same from Mar. 2014 (IRR8,297,047.00 Mil) to Mar. 2015 (IRR5,754,742.00 Mil).

Esfahans Mobarakeh Steel Co's annual cash and cash equivalents increased from Mar. 2013 (IRR4,535,508.00 Mil) to Mar. 2014 (IRR8,297,047.00 Mil) but then declined from Mar. 2014 (IRR8,297,047.00 Mil) to Mar. 2015 (IRR5,754,742.00 Mil).

Esfahans Mobarakeh Steel Co Cash And Cash Equivalents Historical Data

The historical data trend for Esfahans Mobarakeh Steel Co'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.

Esfahans Mobarakeh Steel Co Cash And Cash Equivalents Chart

Esfahans Mobarakeh Steel Co Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Cash And Cash Equivalents

2,445,174.00

2,116,684.00

4,535,508.00

8,297,047.00

5,754,742.00

Esfahans Mobarakeh Steel Co Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15
Cash And Cash Equivalents	2,445,174.00	2,116,684.00	4,535,508.00	8,297,047.00	5,754,742.00

Esfahans Mobarakeh Steel Co 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.

Esfahans Mobarakeh Steel Co (XTEH:FOLD1) 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.

Esfahans Mobarakeh Steel Co Cash And Cash Equivalents Related Terms

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Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Esfahans Mobarakeh Steel Co (XTEH:FOLD1) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Sa'adat Abad Street, P.O.BOX: 161-84815, Azadi Square, Esfahan, IRN, 11131-84881

Website

http://www.msc.ir

Esfahans Mobarakeh Steel Co is an Iran-based company engaged in producing steel in the Middle East and Northern Africa. Its products include hot rolled products, cold rolled products, coated products including galvanized, tinned and pre-painted products. The company's products are used in various industries, such as automotive, construction, household appliances, and packaging. It also exports its products to Belgium, France, Italy, Spain, Qatar, Saudi Arabia, the United Arab Emirates, Kuwait, Iraq, Oman, Jordan, Armenia, and Georgia.

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