MV Oil Trust (MV Oil Trust) Cash And Cash Equivalents : $1.26 Mil (As of Dec. 2023)

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What is MV Oil Trust Cash And Cash Equivalents?

MV Oil Trust's quarterly cash and cash equivalents increased from Jun. 2023 ($1.36 Mil) to Sep. 2023 ($1.41 Mil) but then stayed the same from Sep. 2023 ($1.41 Mil) to Dec. 2023 ($1.26 Mil).

MV Oil Trust's annual cash and cash equivalents increased from Dec. 2021 ($0.30 Mil) to Dec. 2022 ($1.04 Mil) and increased from Dec. 2022 ($1.04 Mil) to Dec. 2023 ($1.26 Mil).

MV Oil Trust Cash And Cash Equivalents Historical Data

The historical data trend for MV Oil Trust'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.

* Premium members only.

MV Oil Trust Cash And Cash Equivalents Chart

MV Oil Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.20

0.51

0.30

1.04

1.26

MV Oil Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.04	1.18	1.36	1.41	1.26

MV Oil Trust 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.

MV Oil Trust (NYSE:MVO) 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.

MV Oil Trust Cash And Cash Equivalents Related Terms

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MV Oil Trust (MV Oil Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MV Oil Trust (NYSE:MVO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

601 Travis Street, Floor 16, Houston, TX, USA, 77002

Website

MV Oil Trust is a statutory trust. Its underlying properties consist of MV Partners, LLC's (MV Partners) net interests in all of its oil and natural gas properties, which are located in the Mid-Continent region in the States of Kansas and Colorado. These oil and gas properties include producing oil and gas wells.

Executives

Vap I Llc	10 percent owner	1700 WATERFRONT PARKWAY, BUILDING 500, WICHITA KS 67206
Mv Energy Llc	10 percent owner	250 N. WATER, SUITE 300, WICHITA KS 67202
Mv Partners Llc	10 percent owner	250 N. WATER, SUITE 300, WICHITA KS 67202