Resolute Energy (Resolute Energy) Cash, Cash Equivalents, Marketable Securities : $3.27 Mil (As of Sep. 2018)

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What is Resolute Energy Cash, Cash Equivalents, Marketable Securities?

Resolute Energy's quarterly cash, cash equivalents, marketable securities increased from Mar. 2018 ($0.62 Mil) to Jun. 2018 ($0.82 Mil) and increased from Jun. 2018 ($0.82 Mil) to Sep. 2018 ($3.27 Mil).

Resolute Energy's annual cash, cash equivalents, marketable securities increased from Dec. 2015 ($9.30 Mil) to Dec. 2016 ($133.09 Mil) but then declined from Dec. 2016 ($133.09 Mil) to Dec. 2017 ($3.76 Mil).

Resolute Energy Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Resolute Energy'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.

Resolute Energy Cash, Cash Equivalents, Marketable Securities Chart

Resolute Energy Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash, Cash Equivalents, Marketable Securities

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0.02

4.35

9.30

133.09

3.76

Resolute Energy Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															0.89	3.76	0.62	0.82	3.27

Resolute Energy 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.

Resolute Energy (OTCPK:RNSGP.PFD) 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.

Resolute Energy Cash, Cash Equivalents, Marketable Securities Related Terms

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Resolute Energy (Resolute Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Resolute Energy Corp (OTCPK:RNSGP.PFD) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

1700 Lincoln Street, Suite 2800, Denver, CO, USA, 80203

Website

http://www.resoluteenergy.com

Resolute Energy Corp is an independent oil and gas company engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. The group primarily operates in Oil, Gas and Natural gas liquids division. The company's operating assets are comprised primarily of properties in the Permian Basin in west Texas and southeast New Mexico and Aneth Field located in the Paradox Basin in the southeast. Geographically all the business activities of the firm are operated through the United States of America. Resolute derives the majority of revenue from oil division.