International Star (International Star) Cash And Cash Equivalents : $0.04 Mil (As of Sep. 2011)

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What is International Star Cash And Cash Equivalents?

International Star's quarterly cash and cash equivalents increased from Mar. 2011 ($0.02 Mil) to Jun. 2011 ($0.13 Mil) but then stayed the same from Jun. 2011 ($0.13 Mil) to Sep. 2011 ($0.04 Mil).

International Star's annual cash and cash equivalents increased from Dec. 2008 ($0.01 Mil) to Dec. 2009 ($0.05 Mil) and increased from Dec. 2009 ($0.05 Mil) to Dec. 2010 ($0.10 Mil).

International Star Cash And Cash Equivalents Historical Data

The historical data trend for International Star'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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International Star Cash And Cash Equivalents Chart

International Star Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Cash And Cash Equivalents

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0.10

0.01

0.05

0.10

International Star Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	0.10	0.02	0.13	0.04

International Star 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.

International Star (OTCPK:ILST) 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.

International Star Cash And Cash Equivalents Related Terms

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International Star (International Star) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » International Star Inc (OTCPK:ILST) » Definitions » Cash And Cash Equivalents

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Address

8 The Green, Suite 13940, Dover, DE, USA, 19901

Website

https://ilstinc.com

International Star Inc operates through its wholly owned subsidiary, Budding Equity Inc which owns and licenses intellectual property through contracts with movie studios and celebrities. The company structures licensing deals with third parties for cannabis-related products. The company also has joint venture partnerships with affiliates of Ice Cube and Kevin Smith for licensing and branding cannabis products. A core focus of ILST remains acquiring and developing businesses with high growth potential in the cannabis space and beyond.