Medical Marijuana (Medical Marijuana) Cash, Cash Equivalents, Marketable Securities : $2.29 Mil (As of Dec. 2017)

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What is Medical Marijuana Cash, Cash Equivalents, Marketable Securities?

Medical Marijuana's quarterly cash, cash equivalents, marketable securities increased from Dec. 2015 ($0.00 Mil) to Dec. 2016 ($1.11 Mil) and increased from Dec. 2016 ($1.11 Mil) to Dec. 2017 ($2.29 Mil).

Medical Marijuana's annual cash, cash equivalents, marketable securities increased from Dec. 2015 ($0.00 Mil) to Dec. 2016 ($1.11 Mil) and increased from Dec. 2016 ($1.11 Mil) to Dec. 2017 ($2.29 Mil).

Medical Marijuana Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Medical Marijuana'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.

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Medical Marijuana Cash, Cash Equivalents, Marketable Securities Chart

Medical Marijuana Annual Data

Trend

Dec09

Dec10

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash, Cash Equivalents, Marketable Securities

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30.90

0.68

1.11

2.29

Medical Marijuana Semi-Annual Data
	Dec09	Dec10	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			30.90	0.68	-	1.11	2.29

Medical Marijuana 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.

Medical Marijuana (OTCPK:MJNA) 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.

Medical Marijuana Cash, Cash Equivalents, Marketable Securities Related Terms

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Medical Marijuana (Medical Marijuana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Medical Marijuana Inc (OTCPK:MJNA) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

2384 La Mirada Drive, Vista, CA, USA, 92081

Website

https://www.medicalmarijuanainc.com

Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others.