GRPS (Gold River Productions) Cash And Cash Equivalents : $2.0 Mil (As of Dec. 2096)

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What is Gold River Productions Cash And Cash Equivalents?

Gold River Productions's quarterly cash and cash equivalents increased from Jun. 2096 ($0.90 Mil) to Sep. 2096 ($1.80 Mil) and increased from Sep. 2096 ($1.80 Mil) to Dec. 2096 ($2.00 Mil).

Gold River Productions's annual cash and cash equivalents declined from Mar. 2093 ($1.10 Mil) to Mar. 2094 ($0.80 Mil) and declined from Mar. 2094 ($0.80 Mil) to Mar. 2095 ($0.40 Mil).

Gold River Productions Cash And Cash Equivalents Historical Data

The historical data trend for Gold River Productions'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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Gold River Productions Cash And Cash Equivalents Chart

Gold River Productions Annual Data

Trend

Mar92

Mar93

Mar94

Mar95

Cash And Cash Equivalents

0.20

1.10

0.80

0.40

Gold River Productions Quarterly Data
	Mar92	Jun92	Sep92	Dec92	Mar93	Jun93	Sep93	Dec93	Mar94	Jun94	Sep94	Dec94	Mar95	Jun95	Sep95	Dec95	Mar96	Jun96	Sep96	Dec96
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	1.30	0.90	1.80	2.00

Gold River Productions 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.

Gold River Productions (OTCPK:GRPS) 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.

Gold River Productions Cash And Cash Equivalents Related Terms

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Gold River Productions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Gold River Productions Inc (OTCPK:GRPS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1022 Shadyside Lane, Dallas, TX, USA, 75223

Website

https://www.grpsinc.com

Gold River Productions Inc is a medical cannabinoids company involved in developing products targeting disease states as supplements. The company offers various products including Wrinkle Cream, EnergyPlex CBD, Hemorrhoid Plus CBD, Addiction Kit and Sominoplex-CBD among others.