Greenkraft (Greenkraft) Cash And Cash Equivalents : $0.21 Mil (As of Sep. 2019)

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What is Greenkraft Cash And Cash Equivalents?

Greenkraft's quarterly cash and cash equivalents declined from Mar. 2019 ($0.52 Mil) to Jun. 2019 ($0.26 Mil) but then stayed the same from Jun. 2019 ($0.26 Mil) to Sep. 2019 ($0.21 Mil).

Greenkraft's annual cash and cash equivalents declined from Dec. 2016 ($0.38 Mil) to Dec. 2017 ($0.02 Mil) but then increased from Dec. 2017 ($0.02 Mil) to Dec. 2018 ($0.02 Mil).

Greenkraft Cash And Cash Equivalents Historical Data

The historical data trend for Greenkraft'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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Greenkraft Cash And Cash Equivalents Chart

Greenkraft Annual Data

Trend

Apr09

Apr10

Apr11

Apr12

Apr13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash And Cash Equivalents

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2.11

2.26

0.38

0.02

Greenkraft Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.03	0.02	0.52	0.26	0.21

Greenkraft 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.

Greenkraft (OTCPK:GKIT) 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.

Greenkraft Cash And Cash Equivalents Related Terms

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Greenkraft (Greenkraft) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Greenkraft Inc (OTCPK:GKIT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

2530 South Birch Street, Santa Ana, CA, USA, 92707

Website

http://www.greenkraftinc.com

Greenkraft Inc is a manufacturer and distributor of automotive products. It manufactures commercial forward cabin trucks for vehicles in alternative fuels and electric vehicles. The company also manufactures and sells alternative fuel engines. Its products include Commercial trucks, Alternative fuel systems and Engines.

Greenkraft (Greenkraft) Headlines

From GuruFocus

Greenkraft trucks eligible for huge incentives!

By Marketwired Marketwired • 04-17-2019

Greenkraft has received several orders worth hundreds of thousands of dollars and will be delivering very soon!

By PRNewswire PRNewswire • 11-13-2018

Greenkraft expands its distribution network

By PRNewswire PRNewswire • 06-13-2018

Greenkraft sees high demand for its natural gas heavy duty trucks

By Marketwired Marketwired • 04-20-2018

Greenkraft is receiving orders for its natural gas heavy duty trucks

By Marketwired Marketwired • 05-30-2018

Greenkraft is producing heavy duty class 6 CNG trucks to fulfill orders!

By PRNewswire PRNewswire • 07-25-2018