KYN Capital Group (KYN Capital Group) Cash And Cash Equivalents : $0.08 Mil (As of Sep. 2010)

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What is KYN Capital Group Cash And Cash Equivalents?

KYN Capital Group's quarterly cash and cash equivalents increased from Mar. 2010 ($0.03 Mil) to Jun. 2010 ($0.15 Mil) but then stayed the same from Jun. 2010 ($0.15 Mil) to Sep. 2010 ($0.08 Mil).

KYN Capital Group's annual cash and cash equivalents increased from Dec. 2007 ($0.05 Mil) to Dec. 2008 ($0.09 Mil) and increased from Dec. 2008 ($0.09 Mil) to Dec. 2009 ($0.15 Mil).

KYN Capital Group Cash And Cash Equivalents Historical Data

The historical data trend for KYN Capital Group'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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KYN Capital Group Cash And Cash Equivalents Chart

KYN Capital Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Cash And Cash Equivalents

0.07

0.05

0.09

0.15

KYN Capital Group Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Cash And Cash Equivalents	Get a 7-Day Free Trial														0.01	0.15	0.03	0.15	0.08

KYN Capital Group 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.

KYN Capital Group (OTCPK:KYNC) 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.

KYN Capital Group Cash And Cash Equivalents Related Terms

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KYN Capital Group (KYN Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » KYN Capital Group Inc (OTCPK:KYNC) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

800 E College Parkway, Carson City, NV, USA, 89706

Website

https://www.kyncap.com

KYN Capital Group Inc through its wholly-owned subsidiary is involved in real estate acquisitions and asset-based lending. It specializes in acquiring real estate under market value, and the equity that is available for being taken out as capital to be re-invested into, asset-based lending. The company provides asset-based loans for companies and individuals that provide adequate, and suitable collateral for a loan.