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Bionoid Pharma (Bionoid Pharma) Cash And Cash Equivalents : $0.30 Mil (As of Mar. 2011)


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What is Bionoid Pharma Cash And Cash Equivalents?

Bionoid Pharma's quarterly cash and cash equivalents increased from Sep. 2010 ($0.09 Mil) to Dec. 2010 ($0.98 Mil) but then stayed the same from Dec. 2010 ($0.98 Mil) to Mar. 2011 ($0.30 Mil).

Bionoid Pharma's annual cash and cash equivalents increased from Dec. 2008 ($0.03 Mil) to Dec. 2009 ($0.15 Mil) and increased from Dec. 2009 ($0.15 Mil) to Dec. 2010 ($0.98 Mil).

Bionoid Pharma Cash And Cash Equivalents Historical Data

The historical data trend for Bionoid Pharma'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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Bionoid Pharma Cash And Cash Equivalents Chart

Bionoid Pharma Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10
Cash And Cash Equivalents
0.01 0.02 0.03 0.15 0.98

Bionoid Pharma Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
Cash And Cash Equivalents 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 0.01 0.10 0.09 0.98 0.30

Bionoid Pharma 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.

Bionoid Pharma  (OTCPK:BINP) 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.

Bionoid Pharma Cash And Cash Equivalents Related Terms

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Bionoid Pharma (Bionoid Pharma) Business Description

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Traded in Other Exchanges
N/A
Address
433 N Camden Dr, Beverly Hills, CA, USA, 90210
Website
https://www.bionoidpharma.com
Bionoid Pharma Inc is a cannabis company that cultivates, extracts, tests, and distributes organic hemp, cannabinoid, and related products. Its products aid in decreasing pain, improving recovery time, enhancing performance, and enhance physical well-being.