ZaZa Energy (ZaZa Energy) Cash And Cash Equivalents : $0.45 Mil (As of Jun. 2015)

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What is ZaZa Energy Cash And Cash Equivalents?

ZaZa Energy's quarterly cash and cash equivalents declined from Dec. 2014 ($6.28 Mil) to Mar. 2015 ($1.07 Mil) but then stayed the same from Mar. 2015 ($1.07 Mil) to Jun. 2015 ($0.45 Mil).

ZaZa Energy's annual cash and cash equivalents declined from Dec. 2012 ($34.65 Mil) to Dec. 2013 ($15.19 Mil) and declined from Dec. 2013 ($15.19 Mil) to Dec. 2014 ($6.28 Mil).

ZaZa Energy Cash And Cash Equivalents Historical Data

The historical data trend for ZaZa 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.

ZaZa Energy Cash And Cash Equivalents Chart

ZaZa Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Cash And Cash Equivalents

16.79

10.62

34.65

15.19

6.28

ZaZa Energy Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Cash And Cash Equivalents	Get a 7-Day Free Trial															6.34	11.81	6.28	1.07	0.45

ZaZa 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.

ZaZa Energy (GREY:ZAZA) 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.

ZaZa Energy Cash And Cash Equivalents Related Terms

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ZaZa Energy (ZaZa Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ZaZa Energy Corp (GREY:ZAZA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1301 McKinney Street, Suite 2800, Houston, TX, USA, 77010

Website

http://www.zazaenergy.com

ZaZa Energy Corp is an independent oil and gas company. The Company is focused on the exploration and production of unconventional and conventional oil and gas assets. It operates primarily through joint ventures in the Eagle Ford East trend in East Texas and the Eagle Ford trend in South Texas.

ZaZa Energy (ZaZa Energy) Headlines

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