Native American Energy Group (Native American Energy Group) Cash And Cash Equivalents : $0.02 Mil (As of Sep. 2013)

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What is Native American Energy Group Cash And Cash Equivalents?

Native American Energy Group's quarterly cash and cash equivalents increased from Mar. 2013 ($0.00 Mil) to Jun. 2013 ($0.05 Mil) but then stayed the same from Jun. 2013 ($0.05 Mil) to Sep. 2013 ($0.02 Mil).

Native American Energy Group's annual cash and cash equivalents increased from Dec. 2010 ($0.01 Mil) to Dec. 2011 ($0.02 Mil) but then declined from Dec. 2011 ($0.02 Mil) to Dec. 2012 ($0.01 Mil).

Native American Energy Group Cash And Cash Equivalents Historical Data

The historical data trend for Native American Energy 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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Native American Energy Group Cash And Cash Equivalents Chart

Native American Energy Group Annual Data

Trend

Dec10

Dec11

Dec12

Cash And Cash Equivalents

0.01

0.02

0.01

Native American Energy Group Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Cash And Cash Equivalents	Get a 7-Day Free Trial								-	0.01	-	0.05	0.02

Native American Energy 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.

Native American Energy Group (OTCPK:NAGP) 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.

Native American Energy Group Cash And Cash Equivalents Related Terms

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Native American Energy Group (Native American Energy Group) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.nativeamericanenergy.com

Native American Energy Group, Inc. is a development-stage energy resource development and management company. It currently has four principal projects: development of oil and gas interests in the Williston Basin in Montana (5-Well Program); development of coal-bed methane natural gas in the Cook Inlet Basin in Alaska; and development of oil & gas properties on Native and non-Native American lands in Oklahoma using newer drilling and Enhanced Oil Recovery (EOR) technologies; and the implementation of vertical axis wind turbine power generation technology for the production of clean, cost-efficient green energy on all U.S. Native American Indian reservations.

Native American Energy Group (Native American Energy Group) Headlines

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