ASKE (Alaska Pacific Energy) Cash And Cash Equivalents : $0.16 Mil (As of Jul. 2010)

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What is Alaska Pacific Energy Cash And Cash Equivalents?

Alaska Pacific Energy's quarterly cash and cash equivalents increased from Jan. 2010 ($0.00 Mil) to Apr. 2010 ($0.15 Mil) and increased from Apr. 2010 ($0.15 Mil) to Jul. 2010 ($0.16 Mil).

Alaska Pacific Energy's annual cash and cash equivalents increased from Jan. 2008 ($0.01 Mil) to Jan. 2009 ($0.06 Mil) but then declined from Jan. 2009 ($0.06 Mil) to Jan. 2010 ($0.00 Mil).

Alaska Pacific Energy Cash And Cash Equivalents Historical Data

The historical data trend for Alaska Pacific 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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Alaska Pacific Energy Cash And Cash Equivalents Chart

Alaska Pacific Energy Annual Data

Trend

Jan07

Jan08

Jan09

Jan10

Cash And Cash Equivalents

0.01

0.06

Alaska Pacific Energy Quarterly Data
	Jan07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10
Cash And Cash Equivalents	Get a 7-Day Free Trial								0.03	0.01	-	0.15	0.16

Alaska Pacific 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.

Alaska Pacific Energy (OTCPK:ASKE) 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.

Alaska Pacific Energy Cash And Cash Equivalents Related Terms

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Alaska Pacific Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alaska Pacific Energy Corp (OTCPK:ASKE) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

7300 NW 5th Street, Plantation, FL, USA, 33317

Website

Alaska Pacific Energy Corp is a mining and exploration company. The principal products and services of the company are oil and gas lease acquisition, well development, valuable metal property acquisition and mining and ore processing. Additionally, the company is in the hemp business. The company also offers assessment consulting on mineral rights and correlating lease viability.

Alaska Pacific Energy Headlines

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