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Blackstar Enterprise Group (OTCPK:BEGI) Cash, Cash Equivalents, Marketable Securities

: $0.10 Mil (As of Sep. 2022)
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Blackstar Enterprise Group's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 ($0.43 Mil) to Jun. 2022 ($0.23 Mil) but then stayed the same from Jun. 2022 ($0.23 Mil) to Sep. 2022 ($0.10 Mil).

Blackstar Enterprise Group's annual cash, cash equivalents, marketable securities stayed the same from Dec. 2019 ($0.03 Mil) to Dec. 2020 ($0.03 Mil) but then increased from Dec. 2020 ($0.03 Mil) to Dec. 2021 ($0.52 Mil).


Blackstar Enterprise Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Blackstar Enterprise Group's Cash, Cash Equivalents, Marketable Securities 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.

Blackstar Enterprise Group Annual Data
Trend Jul01 Jul02 Jul03 Jul04 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash, Cash Equivalents, Marketable Securities
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.01 0.03 0.03 0.52

Blackstar Enterprise Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Cash, Cash Equivalents, Marketable Securities Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.52 0.43 0.23 0.10

Blackstar Enterprise Group Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Blackstar Enterprise Group  (OTCPK:BEGI) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.


Blackstar Enterprise Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Blackstar Enterprise Group (OTCPK:BEGI) Business Description

Blackstar Enterprise Group logo
Industry
Traded in Other Exchanges
N/A
Address
4450 Arapahoe Avenue, Suite 100, Boulder, CO, USA, 80303
Blackstar Enterprise Group Inc is engaged in Merchant Banking and Finance business. The company intends to gain exposure to the blockchain ecosystem through targeted joint ventures in the sector. It also offers consulting and regulatory compliance services to crypto-equity companies.
Executives
Harris John N director, 10 percent owner, officer: CEO PO BOX 1547 LYONS CO 80540
International Hedge Group, Inc. 10 percent owner 1711 WALES DRIVE BERTHOUD CO 80513
Kurczodyna Joseph E director, 10 percent owner, officer: CFO 1711 WALES DRIVE BERTHOUD CO 80513
Lahr Todd Harold 10 percent owner, other: Former President & Director 134 3RD ST NAZARETH PA 18064
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