Viskase (Viskase) Cash And Cash Equivalents : $11.5 Mil (As of Sep. 2023)

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

What is Viskase Cash And Cash Equivalents?

Viskase's quarterly cash and cash equivalents declined from Dec. 2018 ($46.03 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($11.52 Mil).

Viskase's annual cash and cash equivalents declined from Dec. 2016 ($39.13 Mil) to Dec. 2017 ($16.05 Mil) but then increased from Dec. 2017 ($16.05 Mil) to Dec. 2018 ($46.03 Mil).

Viskase Cash And Cash Equivalents Historical Data

The historical data trend for Viskase'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.

Viskase Cash And Cash Equivalents Chart

Viskase Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash And Cash Equivalents

Get a 7-Day Free Trial

39.31

37.32

39.13

16.05

46.03

Viskase Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Sep22	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															46.09	49.28	46.03	-	11.52

Viskase 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.

Viskase (OTCPK:VKSC) 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.

Viskase Cash And Cash Equivalents Related Terms

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

Viskase (Viskase) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Viskase Companies Inc (OTCPK:VKSC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 East Butterfield Road, Suite 400, Lombard, IL, USA, 60148-5679

Website

https://www.viskase.com

Viskase Companies Inc together with its subsidiaries manufactures and distributes non-edible cellulosic food casings used to prepare and package processed meat products. It offers cellulose, fibrous, polyamide casings, and film under the brand NOJAX, VISCOAT, MOKE MASTER, COLOR MASTER, POLYJAX, and others. The company's geographical segments are located in North America, South America, Europe, and Asia. The majority of its revenue is derived from North America.

Viskase (Viskase) Headlines

From GuruFocus

Viskase Companies, Inc. - Special Call Transcript

By GuruFocus Research • 02-15-2024