Bemax (BMXC) Cash And Cash Equivalents : $0.04 Mil (As of May. 2017)

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What is Bemax Cash And Cash Equivalents?

Bemax's quarterly cash and cash equivalents increased from May. 2015 ($0.06 Mil) to May. 2016 ($0.12 Mil) but then stayed the same from May. 2016 ($0.12 Mil) to May. 2017 ($0.04 Mil).

Bemax's annual cash and cash equivalents increased from May. 2015 ($0.06 Mil) to May. 2016 ($0.12 Mil) but then declined from May. 2016 ($0.12 Mil) to May. 2017 ($0.04 Mil).

Bemax Cash And Cash Equivalents Historical Data

The historical data trend for Bemax'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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Bemax Cash And Cash Equivalents Chart

Bemax Annual Data

Trend

May14

May15

May16

May17

Cash And Cash Equivalents

0.06

0.12

0.04

Bemax Semi-Annual Data
	May14	May15	May16	May17
Cash And Cash Equivalents	-	0.06	0.12	0.04

Bemax 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.

Bemax (OTCPK:BMXC) 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.

Bemax Cash And Cash Equivalents Related Terms

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Bemax Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bemax Inc (OTCPK:BMXC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

625 Silver Oak Drive, Dallas, GA, USA, 30132

Website

https://www.bemaxinc.com

Bemax Inc is a United States-based company. The company is engaged in the business of exporting disposable baby diapers manufactured in the United States and Asia and then distributing them to Europe and South Africa. It distributes its products through existing Bemax distribution channels of wholesalers and retailers in Europe and emerging African markets as well as to buyers online through the Bemax e-commerce website. The brands include Modenna, Mother's Touch, and Mother's Choice.

Executives

Taiwo Aimasiko

director, officer: CEO

625 SILVER OAK DRIVE, DALLAS GA 30132