MBN (OSNDF) Cash And Cash Equivalents : $1.26 Mil (As of Dec. 2021)

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What is MBN Cash And Cash Equivalents?

MBN's quarterly cash and cash equivalents declined from Dec. 2020 ($6.03 Mil) to Jun. 2021 ($1.74 Mil) but then stayed the same from Jun. 2021 ($1.74 Mil) to Dec. 2021 ($1.26 Mil).

MBN's annual cash and cash equivalents declined from Dec. 2019 ($13.94 Mil) to Dec. 2020 ($6.03 Mil) and declined from Dec. 2020 ($6.03 Mil) to Dec. 2021 ($1.26 Mil).

MBN Cash And Cash Equivalents Historical Data

The historical data trend for MBN'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.

MBN Cash And Cash Equivalents Chart

MBN Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

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11.32

21.13

13.94

6.03

1.26

MBN Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Cash And Cash Equivalents	Get a 7-Day Free Trial															13.94	18.03	6.03	1.74	1.26

MBN 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.

MBN (GREY:OSNDF) 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.

MBN Cash And Cash Equivalents Related Terms

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MBN (OSNDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MBN Corp (GREY:OSNDF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

812 Memorial Drive NW, Calgary, AB, CAN, T2N 3C8

Website

https://www.middlefield.com

MBN Corp is an investment management company. It manages investment products for individual and institutional investors. Its products include mutual funds, closed-end funds, private and public resource funds, and real estate funds. Its objective is to create long-term value through a dual-track strategy of growing the company's assets under management through mergers with other investment funds, and pursuing opportunities with the broader financial services sector to acquire investment management companies and/or establish such companies working with proven investment managers.

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