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BLOK Technologies (BLOK Technologies) Cash And Cash Equivalents : $0.00 Mil (As of Sep. 2019)


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What is BLOK Technologies Cash And Cash Equivalents?

BLOK Technologies's quarterly cash and cash equivalents stayed the same from Mar. 2019 ($0.01 Mil) to Jun. 2019 ($0.01 Mil) and stayed the same from Jun. 2019 ($0.01 Mil) to Sep. 2019 ($0.00 Mil).

BLOK Technologies's annual cash and cash equivalents increased from Dec. 2016 ($0.01 Mil) to Dec. 2017 ($0.45 Mil) but then declined from Dec. 2017 ($0.45 Mil) to Dec. 2018 ($0.01 Mil).

BLOK Technologies Cash And Cash Equivalents Historical Data

The historical data trend for BLOK Technologies'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.

BLOK Technologies Cash And Cash Equivalents Chart

BLOK Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Cash And Cash Equivalents
- 0.30 0.01 0.45 0.01

BLOK Technologies Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 0.01 0.01 -

BLOK Technologies 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.

BLOK Technologies  (OTCPK:BLPFF) 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.

BLOK Technologies Cash And Cash Equivalents Related Terms

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BLOK Technologies (BLOK Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BLOK Technologies Inc (OTCPK:BLPFF) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
N/A
Address
221 West Esplanade, Suite 310, North Vancouver, BC, CAN, V7M 3J3
Website
http://www.bloktechinc.com
BLOK Technologies Inc operates as an investment company. The company invests in blockchain enabled and mobile application technology. It provides capital, technology, and management expertise to the companies it develops. The company's Greenstream subsidiary specializes in building secure and reliable blockchain platforms.