HK Battery Technology (HK Battery Technology) Cash And Cash Equivalents : $26.71 Mil (As of Mar. 2016)

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What is HK Battery Technology Cash And Cash Equivalents?

HK Battery Technology's quarterly cash and cash equivalents declined from Sep. 2015 ($50.99 Mil) to Dec. 2015 ($39.16 Mil) but then stayed the same from Dec. 2015 ($39.16 Mil) to Mar. 2016 ($26.71 Mil).

HK Battery Technology's annual cash and cash equivalents increased from Dec. 2013 ($0.05 Mil) to Dec. 2014 ($0.09 Mil) and increased from Dec. 2014 ($0.09 Mil) to Dec. 2015 ($39.16 Mil).

HK Battery Technology Cash And Cash Equivalents Historical Data

The historical data trend for HK Battery Technology'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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HK Battery Technology Cash And Cash Equivalents Chart

HK Battery Technology Annual Data

Trend

Dec06

Dec07

Dec09

Dec10

Dec11

Dec12

Dec13

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Dec15

Cash And Cash Equivalents

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0.01

0.05

0.09

39.16

HK Battery Technology Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.80	1.50	50.99	39.16	26.71

HK Battery Technology 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.

HK Battery Technology (OTCPK:HKBT) 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.

HK Battery Technology Cash And Cash Equivalents Related Terms

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HK Battery Technology (HK Battery Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HK Battery Technology Inc (OTCPK:HKBT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 East Colorado Boulevard, Suite 888, Pasadena, CA, USA, 91101

Website

HK Battery Technology Inc is a development stage company.

Executives

John N Braca	director	C/O SENESCO TECHNOLOGIES INC, 303 GEORGE ST STE 420, NEW BRUNSWICK NJ 08901
David Rector	director, officer: CEO, President, Sec. & Treasur
David C. Mathewson	director, 10 percent owner, officer: President	1265 MESA DRIVE, FERNLEY NV 89408

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