GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Irwin Resources Inc (GREY:IWRS) » Definitions » Cash And Cash Equivalents

Irwin Resources (Irwin Resources) Cash And Cash Equivalents : $0.00 Mil (As of . 20)


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

What is Irwin Resources Cash And Cash Equivalents?


Irwin Resources Cash And Cash Equivalents Historical Data

The historical data trend for Irwin 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.

* Premium members only.

Irwin Resources Cash And Cash Equivalents Chart

Irwin Resources Annual Data
Trend
Cash And Cash Equivalents

Irwin Resources Semi-Annual Data
Cash And Cash Equivalents

Irwin 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.


Irwin Resources  (GREY:IWRS) 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.


Irwin Resources Cash And Cash Equivalents Related Terms

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


Irwin Resources (Irwin Resources) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
850 West Hastings Street, Suite 310, Vancouver, BC, CAN, V6C 1E1
Website
Irwin Resources Inc is a venture capital company. It is doing business in the exploration of gold and silver mining as well as investments in oil and gas producing properties.

Irwin Resources (Irwin Resources) Headlines

No Headlines