PGFF (Pioneer Green Farms) Cash And Cash Equivalents : $0.01 Mil (As of Sep. 2024)

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What is Pioneer Green Farms Cash And Cash Equivalents?

Pioneer Green Farms's quarterly cash and cash equivalents increased from Mar. 2024 ($0.01 Mil) to Jun. 2024 ($0.02 Mil) but then stayed the same from Jun. 2024 ($0.02 Mil) to Sep. 2024 ($0.01 Mil).

Pioneer Green Farms's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2022 ($0.01 Mil) but then declined from Dec. 2022 ($0.01 Mil) to Dec. 2023 ($0.00 Mil).

Pioneer Green Farms Cash And Cash Equivalents Historical Data

The historical data trend for Pioneer Green Farms'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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Pioneer Green Farms Cash And Cash Equivalents Chart

Pioneer Green Farms Annual Data

Trend

Dec22

Dec23

Cash And Cash Equivalents

0.01

Pioneer Green Farms Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial					0.01	-	0.01	0.02	0.01

Pioneer Green Farms 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.

Pioneer Green Farms (OTCPK:PGFF) 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.

Pioneer Green Farms Cash And Cash Equivalents Related Terms

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Pioneer Green Farms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pioneer Green Farms Inc (OTCPK:PGFF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

1301 10th Avenue East, Suite G, Palmetto, FL, USA, 34221

Website

https://pioneergreenfarm.com

Pioneer Green Farms Inc is engaged in growing hemp flowers from seeds to oil. The seed is planted and harvested then extracted to oil. The Company engages an extraction facility to extract the oil from the plants. Its Vision is to grow the highest quality hemp flower and provide organic products on its owned and family-operated farms. The hemp is hand-seeded, cultivated, and harvested at optimum bloom. In addition to hemp cultivation, at the Drymon Farm, it is also producing peaches, lychee, dragon fruit, passion fruit, and longan fruit stock trees for resale.

Pioneer Green Farms Headlines

From GuruFocus

Pioneer Green Farms Plants First Indoor Hemp Crop With Six Proprietary Hemp Strains in the State of Florida

By ACCESSWIRE • 12-03-2024