AIFarm (AIFarm) Cash And Cash Equivalents : $0.09 Mil (As of Dec. 2019)

View and export this data going back to 2016. Start your Free Trial

What is AIFarm Cash And Cash Equivalents?

AIFarm's quarterly cash and cash equivalents increased from Jun. 2019 ($0.09 Mil) to Sep. 2019 ($0.17 Mil) but then stayed the same from Sep. 2019 ($0.17 Mil) to Dec. 2019 ($0.09 Mil).

AIFarm's annual cash and cash equivalents declined from Dec. 2017 ($0.58 Mil) to Dec. 2018 ($0.10 Mil) and declined from Dec. 2018 ($0.10 Mil) to Dec. 2019 ($0.09 Mil).

AIFarm Cash And Cash Equivalents Historical Data

The historical data trend for AIFarm'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.

AIFarm Cash And Cash Equivalents Chart

AIFarm Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.09

0.11

0.58

0.10

0.09

AIFarm Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.10	0.15	0.09	0.17	0.09

AIFarm 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.

AIFarm (OTCPK:AIFM) 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.

AIFarm Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of AIFarm's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

AIFarm (AIFarm) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » AIFarm Ltd (OTCPK:AIFM) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Canton Road, Unit 503, 5th Floor, Silvercord Tower 2, TST, Kowloon, Hong Kong, HKG

Website

http://www.aifarm.co

AIFarm Ltd is enggaed in developed a proprietary growing system that designs and builds custom biodomes ranging in size appropriate for global commercial agricultural concerns as well as small local producers. The company provides sustainable horticultural solutions. It offers products and services, including GPS/GNSS farm plan, weather modeling, data analysis, and variable fertilizing components.

Executives

Yuen May Cheung	director, 10 percent owner, officer: CEO/President	FLAT A, 15/F., BLOCK 1, SITE 7 WHAMPOA GARDEN, HUNG HOM KOWLOON K3 00000
Chan Kin Ho Philip	officer: Chief Financial Officer	2302, KAM WAI HOUSE KAM FUNG COURT SHATIN, NT K3 00000
Victor James Elias	officer: Chief Financial Officer	RM. 802, 8/F., KAI TAK COMMERCIAL BLDG 317-319 DES VOEUX ROAD CENTRAL K3 00000
Thomas Carlton Colclough	officer: Chief Operating Officer	16 HACKWOOD CLOSE BARLASTON PARK BARLASTON X0 ST12 9BE

AIFarm (AIFarm) Headlines

From GuruFocus

ECO Energy Tech Asia Ltd. signs another Letter of Intent to enter the market in central Europe

By ACCESSWIRE AccessWire • 04-12-2019