Rocky Mountain High Brands (Rocky Mountain High Brands) Cash And Cash Equivalents : $0.03 Mil (As of Jun. 2020)

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What is Rocky Mountain High Brands Cash And Cash Equivalents?

Rocky Mountain High Brands's quarterly cash and cash equivalents increased from Dec. 2019 ($0.07 Mil) to Mar. 2020 ($0.10 Mil) but then stayed the same from Mar. 2020 ($0.10 Mil) to Jun. 2020 ($0.03 Mil).

Rocky Mountain High Brands's annual cash and cash equivalents increased from Jun. 2017 ($0.09 Mil) to Dec. 2018 ($0.61 Mil) but then declined from Dec. 2018 ($0.61 Mil) to Dec. 2019 ($0.07 Mil).

Rocky Mountain High Brands Cash And Cash Equivalents Historical Data

The historical data trend for Rocky Mountain High Brands'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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Rocky Mountain High Brands Cash And Cash Equivalents Chart

Rocky Mountain High Brands Annual Data

Trend

Dec09

Jun10

Jun11

Jun12

Jun16

Jun17

Dec18

Dec19

Cash And Cash Equivalents

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0.10

0.09

0.61

0.07

Rocky Mountain High Brands Quarterly Data
	Dec09	Jun10	Dec10	Jun11	Jun12	Jun16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.07	0.07	0.07	0.10	0.03

Rocky Mountain High Brands 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.

Rocky Mountain High Brands (OTCPK:RMHB) 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.

Rocky Mountain High Brands Cash And Cash Equivalents Related Terms

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Rocky Mountain High Brands (Rocky Mountain High Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Rocky Mountain High Brands Inc (OTCPK:RMHB) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 Shiloh Road, Suite 200, Plano, TX, USA, 75074

Website

https://www.rockymountainhighbrands.com

Rocky Mountain High Brands Inc is a brand management company. RMHB specializes in developing, manufacturing, marketing, and distributing high-quality, health-conscious, cannabidiol and hemp-infused products that span various categories including beverage, food, fitness, skincare, and more. It also markets a naturally high alkaline spring water as part of the company's brand portfolio.

Executives

Winton Morrison	director	9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Jens R. Mielke	officer: Chief Financial Officer	9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Michael R. Welch	director, officer: President and CEO	9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Charles Walter Smith	director, officer: Chief Operating Officer	9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
David M. Seeberger	director, officer: Vice President	9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Kevin Harrington	director	14044 ICOT BLVD., CLEARWATER FL 33760
Gerard Vincent David	director, officer: Chairman of the Board	3615 5TH AVENUE NE BRADENTON FL 34208
Jerome A. Grisaffi	director, officer: Secretary and Chairman	9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Lily Li	10 percent owner, officer: Executive Vice President	4858 ROUTE 32 CATSKILL NY 12414