GulfMark Offshore (GulfMark Offshore) Cash And Cash Equivalents : $37.53 Mil (As of Sep. 2018)

View and export this data going back to 2017. Start your Free Trial

What is GulfMark Offshore Cash And Cash Equivalents?

GulfMark Offshore's quarterly cash and cash equivalents declined from Mar. 2018 ($52.86 Mil) to Jun. 2018 ($44.98 Mil) but then stayed the same from Jun. 2018 ($44.98 Mil) to Sep. 2018 ($37.53 Mil).

GulfMark Offshore's annual cash and cash equivalents declined from Dec. 2015 ($21.94 Mil) to Dec. 2016 ($8.82 Mil) but then increased from Dec. 2016 ($8.82 Mil) to Dec. 2017 ($64.61 Mil).

GulfMark Offshore Cash And Cash Equivalents Historical Data

The historical data trend for GulfMark Offshore'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.

GulfMark Offshore Cash And Cash Equivalents Chart

GulfMark Offshore Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash And Cash Equivalents

Get a 7-Day Free Trial

60.57

50.79

21.94

8.82

64.61

GulfMark Offshore Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Cash And Cash Equivalents	Get a 7-Day Free Trial															11.46	64.61	52.86	44.98	37.53

GulfMark Offshore 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.

GulfMark Offshore (AMEX:GLF) 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.

GulfMark Offshore Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of GulfMark Offshore's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

GulfMark Offshore (GulfMark Offshore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » GulfMark Offshore Inc (AMEX:GLF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.gulfmark.com

GulfMark Offshore Inc is engaged in providing offshore marine services primarily to companies involved in the offshore exploration and production of oil and natural gas. Its vessels transport materials, supplies, and personnel to offshore facilities, and also move and position drilling and production facilities. Geographically, the operation of the firm can be seen across the region of the North Sea, offshore Southeast Asia, and offshore the Americas. It operates a fleet of over 69 owned or managed offshore supply vessels (OSVs), which include over 28 vessels in the North Sea, over 10 vessels offshore Southeast Asia and over 31 vessels offshore the Americas.

Executives

Samuel R Rubio	officer: Senior VP and CFO	10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
Eugene I Davis	director	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Krishna Shivram	director	C/O WEATHERFORD INTERNATIONAL PLC, 2000 ST JAMES PLACE, HOUSTON TX 77056
Quintin Kneen	director, officer: President & CEO	400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
William C Martin	director, 10 percent owner	C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Raging Capital Management, Llc	director, 10 percent owner	TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553-0228
Scott Mccarty	director	301 COMMERCE STREET, SUITE 2975, FORT WORTH TX 76102
Kenneth H Traub	director, other: See Remarks
Geoffrey Raynor	director, 10 percent owner	301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Renegade Swish, Llc	director, 10 percent owner	301 COMMERCE STREET, SUITE 3200, FORT WORTH TX 76102
Louis Raspino	director	1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Tidewater Inc	10 percent owner	842 WEST SAM HOUSTON PARKWAY NORTH, SUITE 400, HOUSTON TX 77024
David E Darling	officer: Former SVP - CHRO	6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Sheldon S Gordon	director
David J Butters	director	RELIANT STADIUM TWO RELIANT PARK, HOUSTON TX 77054