Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Cash, Cash Equivalents, Marketable Securities : IRR8,128,516 Mil (As of Mar. 2015)

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What is Esfahans Mobarakeh Steel Co Cash, Cash Equivalents, Marketable Securities?

Esfahans Mobarakeh Steel Co's quarterly cash, cash equivalents, marketable securities increased from Mar. 2013 (IRR6,752,751.00 Mil) to Mar. 2014 (IRR10,345,312.00 Mil) but then stayed the same from Mar. 2014 (IRR10,345,312.00 Mil) to Mar. 2015 (IRR8,128,516.00 Mil).

Esfahans Mobarakeh Steel Co's annual cash, cash equivalents, marketable securities increased from Mar. 2013 (IRR6,752,751.00 Mil) to Mar. 2014 (IRR10,345,312.00 Mil) but then declined from Mar. 2014 (IRR10,345,312.00 Mil) to Mar. 2015 (IRR8,128,516.00 Mil).

Esfahans Mobarakeh Steel Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Esfahans Mobarakeh Steel Co's Cash, Cash Equivalents, Marketable Securities 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, Cash Equivalents, Marketable Securities Chart

Esfahans Mobarakeh Steel Co Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Cash, Cash Equivalents, Marketable Securities

4,525,311.00

5,216,383.00

6,752,751.00

10,345,312.00

8,128,516.00

Esfahans Mobarakeh Steel Co Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15
Cash, Cash Equivalents, Marketable Securities	4,525,311.00	5,216,383.00	6,752,751.00	10,345,312.00	8,128,516.00

Esfahans Mobarakeh Steel Co Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Esfahans Mobarakeh Steel Co (XTEH:FOLD1) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Esfahans Mobarakeh Steel Co Cash, Cash Equivalents, Marketable Securities 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, Cash Equivalents, Marketable Securities

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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