FOX Translator
No data currently available.
No data currently available.
Whether you're walking a tightrope or scribbling in your checkbook, balance is a good thing. And, one of the best ways to evaluate a company is to glance at its balance sheet to see what it owns with what it owes.
The balance sheet is a paragon of simplicity and is made up of three components: assets (the stuff it owns), liabilities (the money it owes), and shareholders' equity (the company's value to its shareholders).
Assets take two forms: short-term (or current) assets and long-term assets. Under short-term, there¿s good ol' hard cash. Then, there¿s something called "cash equivalents," which are assets like short-term bonds that can be sold so quickly, they might as well be cash. There you factor in inventory, which (if you're a reasonably competent business owner) you can sell to customers in return for--you guessed it--cash. (The raw materials a company owns to make that inventory also falls under this category.)
Long-term assets are things that are harder to convert into cash. (Think real estate and equipment.) Long-term assets depreciate, meaning they lose some value over time. Also under the long-term category are what's called intangible assets: things like patents and brands, that are important, but hard to quantify. Accountants earn their stripes figuring out the real overall value of these assets.
Once you know your assets, it's time for liabilities. As with assets, liabilities are separated into short-term or current, and long-term. Current liabilities are what a company owes in that year: Things like payments to employees or accounts payable to suppliers. Long-term liabilities are debts paid over several years.
Shareholders' equity is determined by subtracting the liabilities from the assets. That number represents the value of the company after all its bills are paid.
Obviously, investors should pay close attention to balance sheets. Spikes in the amount of debt carried, or a reduction in shareholders' equity, are usually red flags.
Home / Markets / Industries / Telecom
Wednesday, May 14, 2008
Rim Semiconductor Company Chosen by Teleconnect
Comtex
PORTLAND, Ore., May 14, 2008 (BUSINESS WIRE) ----Rim Semiconductor Company (OTCBB:RSMI), a company that develops technology for telecommunications service providers, is pleased to announce that Teleconnect GmbH of Dresden, Germany, has chosen its Cupria(TM) transport processor for its new product line of high-speed data equipment. This new family of gigabit Ethernet transport equipment is being developed by Teleconnect at the request of a large European customer, which has not yet been formally announced by Teleconnect.
The technical teams at Teleconnect and Rim Semi believe that Rim Semi's Cupria(TM) technology, combined with Teleconnect's unique technology, could deliver a performance breakthrough versus existing technologies. Cupria will, in this application, displace a VDSL2 chipset that was previously used by Teleconnect in its first, second and third generation products.
"We evaluated existing VDSL2, ADSL2, and ADSL2+ chipsets, and found that they were incapable of meeting our customers' needs. Only Cupria(TM) is capable of the performance that we require, and we look forward to working with Rim Semi to deliver a compelling new system to our customers with Cupria(TM) inside," stated Dr. Andreas Bluschke, General Manager of Teleconnect GmbH.
"Teleconnect is well known in Europe for its leading-edge engineering skills and excellent customer relationships," stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company. "We are pleased to work with them to deliver a breakthrough solution to its customers."
About Rim Semiconductor Company
Rim Semiconductor Company (OTCBB: RSMI) develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company's products allow data to be transmitted at greater speed and across extended distances over existing copper wire -- all with the highest quality of service -- for a better end-user experience. For more information, visit www.rimsemi.com.
With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semiconductor is under no obligation and does not assume any obligation to revise or update any forward looking statement in this press release in order to reflect events or circumstances that may arise in the future.
About Teleconnect
Teleconnect GmbH is an R & D company specialized on access and optical networks. Teleconnect was founded in 1990 and is privately owned since 1991. With a staff of nearly 30 high qualified hardware and software engineers, Teleconnect has developed a large number of analogue and digital transmission systems and measurement equipment for different European customers. For more information, visit www.teleconnect.de.
SOURCE: Rim Semiconductor Company
Rim Semiconductor Company Brad Ketch, 503-257-6700 info@rimsemi.com
Copyright Business Wire 2008
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
