NoFire Technologies (NoFire Technologies) Cash, Cash Equivalents, Marketable Securities

: $0.00 Mil (As of May. 2010)

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NoFire Technologies's quarterly cash, cash equivalents, marketable securities increased from Nov. 2009 ($0.00 Mil) to Feb. 2010 ($0.01 Mil) but then stayed the same from Feb. 2010 ($0.01 Mil) to May. 2010 ($0.00 Mil).

NoFire Technologies's annual cash, cash equivalents, marketable securities declined from Aug. 2007 ($0.03 Mil) to Aug. 2008 ($0.00 Mil) but then stayed the same from Aug. 2008 ($0.00 Mil) to Aug. 2009 ($0.00 Mil).

NoFire Technologies Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for NoFire Technologies'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.

NoFire Technologies Annual Data

Trend

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Aug09

Cash, Cash Equivalents, Marketable Securities

0.01

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0.03

NoFire Technologies Quarterly Data
	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10
Cash, Cash Equivalents, Marketable Securities																-	-	-	0.01	-

NoFire Technologies 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.

NoFire Technologies (OTCPK:NFTI) 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.

NoFire Technologies Cash, Cash Equivalents, Marketable Securities Related Terms

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NoFire Technologies (NoFire Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » NoFire Technologies Inc (OTCPK:NFTI) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

5 James Street, South Hackensack, NJ, USA, 07606

Website

https://www.nofire.com

NoFire Technologies Inc is engaged in the development of non-toxic and fire-retardant coatings and textile wrap systems. It serves residential, commercial, industrial, maritime, and military applications.

Executives

Andrew H Tisch

10 percent owner

667 MADISON AVE, NEW YORK NY 10021-8087

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