Ecologix Resource Group (Ecologix Resource Group) Cash And Cash Equivalents : $0.03 Mil (As of Sep. 2010)

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What is Ecologix Resource Group Cash And Cash Equivalents?

Ecologix Resource Group's quarterly cash and cash equivalents declined from Mar. 2010 ($0.09 Mil) to Jun. 2010 ($0.00 Mil) but then increased from Jun. 2010 ($0.00 Mil) to Sep. 2010 ($0.03 Mil).

Ecologix Resource Group's annual cash and cash equivalents increased from Dec. 2007 ($0.00 Mil) to Dec. 2008 ($0.00 Mil) and increased from Dec. 2008 ($0.00 Mil) to Dec. 2009 ($0.01 Mil).

Ecologix Resource Group Cash And Cash Equivalents Historical Data

The historical data trend for Ecologix Resource Group'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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Ecologix Resource Group Cash And Cash Equivalents Chart

Ecologix Resource Group Annual Data

Trend

Dec07

Dec08

Dec09

Cash And Cash Equivalents

0.01

Ecologix Resource Group Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Cash And Cash Equivalents	Get a 7-Day Free Trial							-	0.01	0.09	-	0.03

Ecologix Resource Group 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.

Ecologix Resource Group (OTCPK:EXRG) 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.

Ecologix Resource Group Cash And Cash Equivalents Related Terms

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Ecologix Resource Group (Ecologix Resource Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ecologix Resource Group Inc (OTCPK:EXRG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

9903 Santa Monica Boulevard, Suite 918, Beverly Hills, CA, USA, 90212

Website

Ecologix Resource Group Inc is a natural resource company engaged in the harvesting, and marketing of quality timber while pursuing the production of alternative energy solutions.

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