Electra Stone (Electra Stone) Cash And Cash Equivalents : $0.00 Mil (As of Sep. 2017)

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What is Electra Stone Cash And Cash Equivalents?

Electra Stone's quarterly cash and cash equivalents increased from Mar. 2017 ($0.01 Mil) to Jun. 2017 ($0.01 Mil) but then stayed the same from Jun. 2017 ($0.01 Mil) to Sep. 2017 ($0.00 Mil).

Electra Stone's annual cash and cash equivalents declined from Dec. 2014 ($0.09 Mil) to Dec. 2015 ($0.05 Mil) and declined from Dec. 2015 ($0.05 Mil) to Dec. 2016 ($0.02 Mil).

Electra Stone Cash And Cash Equivalents Historical Data

The historical data trend for Electra Stone'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.

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Electra Stone Cash And Cash Equivalents Chart

Electra Stone Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash And Cash Equivalents

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0.01

0.02

0.09

0.05

0.02

Electra Stone Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.05	0.02	0.01	0.01	-

Electra Stone 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.

Electra Stone (OTCPK:ELCGF) 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.

Electra Stone Cash And Cash Equivalents Related Terms

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Electra Stone (Electra Stone) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Electra Stone Ltd (OTCPK:ELCGF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2

Website

http://www.electrastone.com

Electra Stone Ltd is junior mining company based in Canada. It specializes in the development and exploration of industrial minerals and dimensional stone. The company is in the process of mining the Apple Bay aluminum silicate quarry located on Vancouver Island near Port Hardy, British Columbia. Electra operates through two segments being the Mining and Exploration of industrial mineral properties.

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