Donnycreek Energy (TSXV:DCK) Cash And Cash Equivalents : C$9.15 Mil (As of Jul. 2014)

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What is Donnycreek Energy Cash And Cash Equivalents?

Donnycreek Energy's quarterly cash and cash equivalents declined from Jan. 2014 (C$30.11 Mil) to Apr. 2014 (C$18.95 Mil) but then stayed the same from Apr. 2014 (C$18.95 Mil) to Jul. 2014 (C$9.15 Mil).

Donnycreek Energy's annual cash and cash equivalents increased from Jul. 2012 (C$8.47 Mil) to Jul. 2013 (C$30.01 Mil) but then declined from Jul. 2013 (C$30.01 Mil) to Jul. 2014 (C$9.15 Mil).

Donnycreek Energy Cash And Cash Equivalents Historical Data

The historical data trend for Donnycreek 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.

* Premium members only.

Donnycreek Energy Cash And Cash Equivalents Chart

Donnycreek Energy Annual Data

Trend

Jul12

Jul13

Jul14

Cash And Cash Equivalents

8.47

30.01

9.15

Donnycreek Energy Quarterly Data
	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14
Cash And Cash Equivalents	Get a 7-Day Free Trial						30.01	26.55	30.11	18.95	9.15

Donnycreek 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.

Donnycreek Energy (TSXV:DCK) 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.

Donnycreek Energy Cash And Cash Equivalents Related Terms

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Donnycreek Energy (TSXV:DCK) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.donnycreekenergy.com

Donnycreek Energy Inc is a petroleum and natural gas exploration and production company. Its properties are located in the Deep Basin area of west-central Alberta.

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