North Bay Resources (North Bay Resources) Cash And Cash Equivalents : $0.05 Mil (As of Sep. 2015)

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What is North Bay Resources Cash And Cash Equivalents?

North Bay Resources's quarterly cash and cash equivalents declined from Mar. 2015 ($0.02 Mil) to Jun. 2015 ($0.00 Mil) but then increased from Jun. 2015 ($0.00 Mil) to Sep. 2015 ($0.05 Mil).

North Bay Resources's annual cash and cash equivalents increased from Dec. 2012 ($0.04 Mil) to Dec. 2013 ($0.13 Mil) but then declined from Dec. 2013 ($0.13 Mil) to Dec. 2014 ($0.03 Mil).

North Bay Resources Cash And Cash Equivalents Historical Data

The historical data trend for North Bay 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.

North Bay Resources Cash And Cash Equivalents Chart

North Bay Resources Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash And Cash Equivalents

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0.05

0.13

0.04

0.13

0.03

North Bay Resources Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.16	0.03	0.02	-	0.05

North Bay 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.

North Bay Resources (OTCPK:NBRI) 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.

North Bay Resources Cash And Cash Equivalents Related Terms

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North Bay Resources (North Bay Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » North Bay Resources Inc (OTCPK:NBRI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 162, Skippack, PA, USA, 19474

Website

http://www.northbayresources.com

North Bay Resources Inc is a natural resource company. It is engaged in the exploration, acquisition, development, and mining of precious metals and other mineral properties. The company's projects include Mount Washington Project; Tulameen Platinum; Zeballos Gold; Fraser River Platinum; and; Zippa Mtn Wollastonite.

North Bay Resources (North Bay Resources) Headlines

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North Bay Resources Inc. (NBRI) Reports on Significant PGM and Gold By-Product Potential at Tulameen Platinum Project

By GuruFocusNews GuruFocusNews • 12-01-2021

North Bay Resources Inc. (NBRI) Reports on Tulameen Platinum Project Assays

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North Bay Resources Inc. (NBRI) Issues Update on Tulameen Platinum Project

By Marketwired Marketwired • 08-06-2021

North Bay Resources Inc. (NBRI) Agrees To JV On Tulameen Platinum Project

By sperokesalga sperokesalga • 04-25-2023

North Bay Resources Inc. (NBRI) Issues Update on Fraser River Platinum Project

By GuruFocusNews GuruFocusNews • 02-07-2022