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Shenzhen-ZhongRong Morgan Investment Holding Group Co Cash, Cash Equivalents, Marketable Securities

: $0.00 Mil (As of Mar. 2017)
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Shenzhen-ZhongRong Morgan Investment Holding Group Co's annual cash, cash equivalents, marketable securities declined from Dec. 2014 ($0.01 Mil) to Dec. 2015 ($0.00 Mil) and declined from Dec. 2015 ($0.00 Mil) to Dec. 2016 ($0.00 Mil).


Shenzhen-ZhongRong Morgan Investment Holding Group Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Shenzhen-ZhongRong Morgan Investment Holding Group Co'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.

Shenzhen-ZhongRong Morgan Investment Holding Group Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cash, Cash Equivalents, Marketable Securities
Premium Member Only - - 0.01 - -

Shenzhen-ZhongRong Morgan Investment Holding Group Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 - - - - -

Shenzhen-ZhongRong Morgan Investment Holding Group Co 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co  (GREY:ZRMG) 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.


Shenzhen-ZhongRong Morgan Investment Holding Group Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Shenzhen-ZhongRong Morgan Investment Holding Group Co Business Description

Shenzhen-ZhongRong Morgan Investment Holding Group Co logo
Industry
Traded in Other Exchanges
N/A
Address
136-40 39th Avenue, Suite 6B, Garden Plaza, Flushing, NY, USA, 11354
Website
Shenzhen-ZhongRong Morgan Investment Holding Group Co Ltd is a shell company.

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