EFLO Energy (EFLO Energy) Cash And Cash Equivalents : $0.01 Mil (As of May. 2015)

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What is EFLO Energy Cash And Cash Equivalents?

EFLO Energy's quarterly cash and cash equivalents declined from Nov. 2014 ($0.24 Mil) to Feb. 2015 ($0.16 Mil) but then stayed the same from Feb. 2015 ($0.16 Mil) to May. 2015 ($0.01 Mil).

EFLO Energy's annual cash and cash equivalents declined from Aug. 2012 ($2.21 Mil) to Aug. 2013 ($0.48 Mil) but then increased from Aug. 2013 ($0.48 Mil) to Aug. 2014 ($0.65 Mil).

EFLO Energy Cash And Cash Equivalents Historical Data

The historical data trend for EFLO Energy'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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EFLO Energy Cash And Cash Equivalents Chart

EFLO Energy Annual Data

Trend

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Cash And Cash Equivalents

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0.01

0.49

2.21

0.48

0.65

EFLO Energy Quarterly Data
	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.22	0.65	0.24	0.16	0.01

EFLO Energy 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.

EFLO Energy (OTCPK:EFLO) 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.

EFLO Energy Cash And Cash Equivalents Related Terms

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EFLO Energy (EFLO Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EFLO Energy Inc (OTCPK:EFLO) » Definitions » Cash And Cash Equivalents

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Address

Website

http://www.efloenergy.com

EFLO Energy Inc was incorporated in the State of Nevada on July 22, 2008. The Company is a development stage company. It is engaged in the acquisition, exploration and development of oil and gas properties in the United States and Canada.

Executives

Matthew J Anderson	officer: CFO & Secretary	880 - 580 HORNBY STREET, VANCOUVER A1 V6C 3B6
Carlo Civelli	10 percent owner	111 SOMERSET ROAD, TRIPLE ONE SOMERSET 06-06, SINGAPORE U0 238164
Herbert T Schmidt	director, officer: Chief Financial and Accounting	22840 DOLOROSA ST. WOODLANDS HILLS, CA 91367

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