PDER (Pardee Resources Co) Cash And Cash Equivalents : $0.00 Mil (As of . 20)

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What is Pardee Resources Co Cash And Cash Equivalents?

Pardee Resources Co Cash And Cash Equivalents Historical Data

The historical data trend for Pardee Resources Co'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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Pardee Resources Co Cash And Cash Equivalents Chart

Pardee Resources Co Annual Data

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Pardee Resources Co Quarterly Data

Cash And Cash Equivalents

Pardee Resources Co 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.

Pardee Resources Co (OTCPK:PDER) 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.

Pardee Resources Co Cash And Cash Equivalents Related Terms

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Pardee Resources Co Business Description

Industry

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Address

1500 Chestnut Street, Suite 2, No 1950, Philadelphia, PA, USA, 19103

Website

https://www.pardee.com

Pardee Resources Co. Inc. is a natural resources company that conducts its business through its subsidiaries principally in the timber, oil and gas, coal, agriculture, and alternative energy industries. The Company's subsidiaries own land, mineral rights, farmland, agriculture leases, and solar photovoltaic systems, principally in West Virginia, Virginia, Kentucky, Louisiana, Colorado, New Jersey, Texas, Arizona, California, and Portugal.