BPZ Resources (FRA:NA4) Cash And Cash Equivalents : €25.88 Mil (As of Mar. 2015)

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What is BPZ Resources Cash And Cash Equivalents?

BPZ Resources's quarterly cash and cash equivalents declined from Sep. 2014 (€61.69 Mil) to Dec. 2014 (€50.40 Mil) but then stayed the same from Dec. 2014 (€50.40 Mil) to Mar. 2015 (€25.88 Mil).

BPZ Resources's annual cash and cash equivalents declined from Dec. 2012 (€63.66 Mil) to Dec. 2013 (€41.90 Mil) but then increased from Dec. 2013 (€41.90 Mil) to Dec. 2014 (€50.40 Mil).

BPZ Resources Cash And Cash Equivalents Historical Data

The historical data trend for BPZ Resources'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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BPZ Resources Cash And Cash Equivalents Chart

BPZ Resources Annual Data

Trend

Dec05

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Dec14

Cash And Cash Equivalents

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8.89

44.21

63.66

41.90

50.40

BPZ Resources Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Cash And Cash Equivalents	Get a 7-Day Free Trial															33.63	49.46	61.69	50.40	25.88

BPZ Resources 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.

BPZ Resources (FRA:NA4) 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.

BPZ Resources Cash And Cash Equivalents Related Terms

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BPZ Resources (FRA:NA4) Business Description

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Address

Website

http://www.bpzenergy.com

BPZ Resources Inc is a Texas corporation, incorporated in 1993. The Company is an independent oil and gas company engaged in the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company is in the process of developing its Peruvian oil and gas reserves. It has completed the installation of the new CX-15 platform in the Corvina field to continue the development of the field and continued its drilling campaign there with completion of the CX-15-1D well. The customer of the Company is Peruvian national oil company, Petroleos del Peru - PETROPERU S.A.

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