Pan Asia (ASX:PZC) Cash And Cash Equivalents : A$0.04 Mil (As of Dec. 2017)

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What is Pan Asia Cash And Cash Equivalents?

Pan Asia's quarterly cash and cash equivalents increased from Dec. 2016 (A$0.00 Mil) to Jun. 2017 (A$0.01 Mil) and increased from Jun. 2017 (A$0.01 Mil) to Dec. 2017 (A$0.04 Mil).

Pan Asia's annual cash and cash equivalents increased from Jun. 2016 (A$0.01 Mil) to Jun. 2017 (A$0.01 Mil) and increased from Jun. 2017 (A$0.01 Mil) to Jun. 2018 (A$0.04 Mil).

Pan Asia Cash And Cash Equivalents Historical Data

The historical data trend for Pan Asia'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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Pan Asia Cash And Cash Equivalents Chart

Pan Asia Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Cash And Cash Equivalents

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0.20

0.14

0.01

0.04

Pan Asia Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.01	-	0.01	0.04	0.04

Pan Asia 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.

Pan Asia (ASX:PZC) 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.

Pan Asia Cash And Cash Equivalents Related Terms

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Pan Asia (ASX:PZC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pan Asia Corp Ltd (ASX:PZC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

311-313 Hay Street, Subiaco, WA, AUS, 6008

Website

http://www.panasiacorp.com.au

Pan Asia Corp Ltd explores diversified energy resources mainly coal. The principal activities of the company are coal exploration and development in Indonesia. Its project includes PT Transcoal Minergy Project in South Kalimantan, Indonesia. Geographically the company operates in Australia and Indonesia.