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NuStar GP Holdings LLC (NuStar GP Holdings LLC) Cash And Cash Equivalents : $0.24 Mil (As of Mar. 2018)


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What is NuStar GP Holdings LLC Cash And Cash Equivalents?

NuStar GP Holdings LLC's quarterly cash and cash equivalents increased from Sep. 2017 ($0.22 Mil) to Dec. 2017 ($0.42 Mil) but then stayed the same from Dec. 2017 ($0.42 Mil) to Mar. 2018 ($0.24 Mil).

NuStar GP Holdings LLC's annual cash and cash equivalents increased from Dec. 2015 ($0.03 Mil) to Dec. 2016 ($0.21 Mil) and increased from Dec. 2016 ($0.21 Mil) to Dec. 2017 ($0.42 Mil).


NuStar GP Holdings LLC Cash And Cash Equivalents Historical Data

The historical data trend for NuStar GP Holdings LLC'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.

* Premium members only.

NuStar GP Holdings LLC Cash And Cash Equivalents Chart

NuStar GP Holdings LLC Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 2.84 0.03 0.21 0.42

NuStar GP Holdings LLC Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Cash And Cash Equivalents Get a 7-Day Free Trial 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 0.59 0.29 0.22 0.42 0.24

NuStar GP Holdings LLC 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.


NuStar GP Holdings LLC  (NYSE:NSH) 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.


NuStar GP Holdings LLC Cash And Cash Equivalents Related Terms

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NuStar GP Holdings LLC (NuStar GP Holdings LLC) Business Description

Traded in Other Exchanges
N/A
Address
NuStar GP Holdings LLC is a US-based limited liability company. It holds an ownership interest in NuStar Energy L.P. which is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling, and storage of petroleum products and the marketing of petroleum products. The NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, and the United Kingdom. The company manages NuStar Energy through its ownership of NuStar GP, LLC and Riverwalk Holdings, LLC.
Executives
James F Clingman director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Karen M. Thompson officer: SVP & GC-Lit, Reg & Environ 19003 IH-10 WEST, SAN ANTONIO TX 78257
Jelynne Leblanc-burley director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Michael Truby officer: SVP Operations 19003 IH-10 WEST, SAN ANTONIO TX 78257
Del Alamo Jorge A. officer: SVP and Controller 19003 IH-10 WEST, SAN ANTONIO TX 78257
Amy L. Perry officer: SVP, GC-Corp & Com & Corp Sec 19003 IH-10 WEST, SAN ANTONIO TX 78257
Daniel S. Oliver officer: SVP-Marketing & Bus Dev 19003 IH-10 WEST, SAN ANTONIO TX 78257
Thomas R Shoaf officer: EVP & CFO 19003 IH-10 WEST, SAN ANTONIO TX 78257
William B Burnett director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Bradley C Barron director, officer: CEO & President 19003 IH-10 WEST, SAN ANTONIO TX 78257
Mary Rose Brown officer: EVP & CAO 19003 IH-10 WEST, SAN ANTONIO TX 78257
William E Greehey director, 10 percent owner 19003 IH-10 WEST, SAN ANTONIO TX 78257
Steven A Blank officer: EVP & CFO C/O TRANSMONTAIGNE, 1670 BROADWAY, SUITE 3100, DENVER CO 80202
Douglas W. Comeau officer: Executive Vice President & COO 2330 N. LOOP 1604 WEST, SAN ANTONIO TX 78248
Curt Anastasio director, officer: President & CEO P.O. BOX 696000, SAN ANTONIO TX 78269-6000