Jetblack (Jetblack) Cash And Cash Equivalents : $0.00 Mil (As of Jun. 2017)

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What is Jetblack Cash And Cash Equivalents?

Jetblack's quarterly cash and cash equivalents declined from Dec. 2016 ($0.00 Mil) to Mar. 2017 ($0.00 Mil) but then increased from Mar. 2017 ($0.00 Mil) to Jun. 2017 ($0.00 Mil).

Jetblack's annual cash and cash equivalents stayed the same from Dec. 2014 ($0.00 Mil) to Dec. 2015 ($0.00 Mil) but then increased from Dec. 2015 ($0.00 Mil) to Dec. 2016 ($0.00 Mil).

Jetblack Cash And Cash Equivalents Historical Data

The historical data trend for Jetblack'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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Jetblack Cash And Cash Equivalents Chart

Jetblack Annual Data

Trend

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Cash And Cash Equivalents

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0.02

Jetblack Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Dec14	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	0.01	-	-	-

Jetblack 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.

Jetblack (OTCPK:JTBK) 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.

Jetblack Cash And Cash Equivalents Related Terms

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Jetblack (Jetblack) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jetblack Corp (OTCPK:JTBK) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

304 S. Jones Boulevard, Suite 5058, Las Vegas, NV, USA, 89107

Website

https://www.jetblackcorp.com

Jetblack Corp has initiated investments in Metaverse space, which is an investment into metaverse platforms and technologies. The company's current holdings include MANA (Decentraland) and SAND (SandBox) tokens. The Company plans to continue investing into Metaverse tokens over time, as opportunities are identified.