Kolibri Global Energy (Kolibri Global Energy) Cash And Cash Equivalents : $0.50 Mil (As of Sep. 2023)

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What is Kolibri Global Energy Cash And Cash Equivalents?

Kolibri Global Energy's quarterly cash and cash equivalents declined from Mar. 2023 ($3.77 Mil) to Jun. 2023 ($0.95 Mil) but then stayed the same from Jun. 2023 ($0.95 Mil) to Sep. 2023 ($0.50 Mil).

Kolibri Global Energy's annual cash and cash equivalents increased from Dec. 2020 ($0.92 Mil) to Dec. 2021 ($7.32 Mil) but then declined from Dec. 2021 ($7.32 Mil) to Dec. 2022 ($1.04 Mil).

Kolibri Global Energy Cash And Cash Equivalents Historical Data

The historical data trend for Kolibri Global Energy's Cash And Cash Equivalents 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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Kolibri Global Energy Cash And Cash Equivalents Chart

Kolibri Global Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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1.46

3.09

0.92

7.32

1.04

Kolibri Global Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															4.88	1.04	3.77	0.95	0.50

Kolibri Global Energy Cash And Cash Equivalents 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.

Kolibri Global Energy (NAS:KGEI) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Kolibri Global Energy Cash And Cash Equivalents Related Terms

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Kolibri Global Energy (Kolibri Global Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kolibri Global Energy Inc (NAS:KGEI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

B120:Germany KEI:Canada

Address

3623 Old Conejo Road, Suite 207, Newbury Park, CA, USA, 91320

Website

https://www.kolibrienergy.com

Kolibri Global Energy Inc is a North American energy company focused on finding and exploiting energy projects in oil, gas, and clean and sustainable energy. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada, and Others. The company derives a majority of its revenue from the United States.