ELRA (Elray Resources) Beginning Cash Position: $0.02 Mil (As of Sep. 2018)

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What is Elray Resources Beginning Cash Position?

Elray Resources ELRA Beginning Cash Position is $0.02 Mil as of Sep. 2018.

Elray Resources's Beginning Cash Position for the quarter that ended in Sep. 2018 was $0.02 Mil.

Elray Resources's quarterly Beginning Cash Position declined from Mar. 2018 ($0.02 Mil) to Jun. 2018 ($0.02 Mil) and declined from Jun. 2018 ($0.02 Mil) to Sep. 2018 ($0.02 Mil).

Elray Resources's annual Beginning Cash Position increased from Dec. 2015 ($0.03 Mil) to Dec. 2016 ($0.11 Mil) but then declined from Dec. 2016 ($0.11 Mil) to Dec. 2017 ($0.02 Mil).

Elray Resources Beginning Cash Position Related Terms

Elray Resources Beginning Cash Position Historical Data

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The historical data trend for Elray Resources's Beginning Cash Position 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.

Elray Resources Beginning Cash Position Chart

Elray Resources Annual Data
Trend Mar08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 0.03 0.11 0.02

Elray Resources Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Beginning Cash Position 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 0.02 0.02 0.02 0.02 0.02

Elray Resources Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $0.02 Mil mean?
Elray Resources (ELRA) has a Beginning Cash Position of $0.02 Mil as of Sep. 2018. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Elray Resources and its competitors.
Is Elray Resources' Beginning Cash Position too high?
Elray Resources' current Beginning Cash Position is $0.02 Mil.
How does Elray Resources' Beginning Cash Position compare to GMERD and CGLD?
Elray Resources' Beginning Cash Position of $0.02 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Travel & Leisure company?
A good Beginning Cash Position depends on the Travel & Leisure industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Elray Resources and its competitors. Elray Resources's current Beginning Cash Position is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elray Resources stock overvalued right now?
Elray Resources (ELRA) has a current Beginning Cash Position of $0.02 Mil. The current Beginning Cash Position is $0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Elray Resources (ELRA), the current Beginning Cash Position is $0.02 Mil as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Elray Resources Business Description

Address 3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103
Elray Resources Inc offers turnkey e-commerce solutions and provides strategic marketing and consulting services around the world. The company also offers marketing and support services for online gaming businesses.