SeaDragon (NZSE:SEA) Cash And Cash Equivalents : NZ$1.21 Mil (As of Sep. 2019)

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What is SeaDragon Cash And Cash Equivalents?

SeaDragon's quarterly cash and cash equivalents declined from Sep. 2018 (NZ$1.36 Mil) to Mar. 2019 (NZ$1.21 Mil) but then stayed the same from Mar. 2019 (NZ$1.21 Mil) to Sep. 2019 (NZ$1.21 Mil).

SeaDragon's annual cash and cash equivalents increased from Mar. 2018 (NZ$1.01 Mil) to Mar. 2019 (NZ$1.21 Mil) but then declined from Mar. 2019 (NZ$1.21 Mil) to Mar. 2020 (NZ$0.20 Mil).

SeaDragon Cash And Cash Equivalents Historical Data

The historical data trend for SeaDragon'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.

SeaDragon Cash And Cash Equivalents Chart

SeaDragon Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Cash And Cash Equivalents

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0.20

4.93

1.01

1.21

0.20

SeaDragon Semi-Annual Data
	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.01	1.36	1.21	1.21	0.20

SeaDragon 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.

SeaDragon (NZSE:SEA) 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.

SeaDragon Cash And Cash Equivalents Related Terms

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SeaDragon (NZSE:SEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SeaDragon Ltd (NZSE:SEA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Nayland Road, Stoke, Nelson, NZL, 7011

Website

http://www.seadragon.co.nz

SeaDragon Ltd is engaged in the manufacture of refined fish oils. The Company's products include Omega-2 and Omega-3. Its Omega-2 product is sourced from either animal or vegetable sources and is used in the cosmetics, nutraceutical, pharmaceutical industries, lubrication and in fiber coatings. The Omega-3 products involve tuna and marine-farmed salmon which help in the processing of initial unrefined oils. The company exports its products to various countries, which include Australia, South East and North Asia, Japan, the European Union, China, the United States and Canada.

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