Resolute Energy (Resolute Energy) Cash And Cash Equivalents : $3.27 Mil (As of Sep. 2018)

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What is Resolute Energy Cash And Cash Equivalents?

Resolute Energy's quarterly cash and cash equivalents 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 and cash equivalents 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 And Cash Equivalents Historical Data

The historical data trend for Resolute 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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Resolute Energy Cash And Cash Equivalents Chart

Resolute Energy Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash And Cash Equivalents

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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 And Cash Equivalents	Get a 7-Day Free Trial															0.89	3.76	0.62	0.82	3.27

Resolute 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.

Resolute Energy (OTCPK:RNSGP.PFD) 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.

Resolute Energy Cash And Cash Equivalents Related Terms

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Resolute Energy (Resolute Energy) Business Description

Industry

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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.