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Buscar Co (Buscar Co) Cash And Cash Equivalents : $0.29 Mil (As of Mar. 2017)


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What is Buscar Co Cash And Cash Equivalents?

Buscar Co's quarterly cash and cash equivalents stayed the same from Mar. 2015 ($0.00 Mil) to Mar. 2016 ($0.00 Mil) but then increased from Mar. 2016 ($0.00 Mil) to Mar. 2017 ($0.29 Mil).


Buscar Co Cash And Cash Equivalents Historical Data

The historical data trend for Buscar Co'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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Buscar Co Cash And Cash Equivalents Chart

Buscar Co Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Cash And Cash Equivalents
Get a 7-Day Free Trial - - - - -

Buscar Co Semi-Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cash And Cash Equivalents Get a 7-Day Free Trial - - - - 0.29

Buscar Co 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.


Buscar Co  (OTCPK:CGLD) 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.


Buscar Co Cash And Cash Equivalents Related Terms

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Buscar Co (Buscar Co) Business Description

Traded in Other Exchanges
N/A
Address
9663 Santa Monica Boulevard, Suite 688, Beverly hills, CA, USA, 90210
Buscar Co is a mining company that develops, restores, and enhances mining on the Treasure Canyon Lode Mine. Treasure Canyon Lode Mine contains multiple heavy veins containing gold, silver, PGMs, copper, and rare earth metals. The company has 10 unpatented mining claims to develop and mine.

Buscar Co (Buscar Co) Headlines