SMSA Humble Acquistion (SMSA Humble Acquistion) Cash And Cash Equivalents : $0.01 Mil (As of Sep. 2013)

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What is SMSA Humble Acquistion Cash And Cash Equivalents?

SMSA Humble Acquistion's quarterly cash and cash equivalents stayed the same from Mar. 2013 ($0.01 Mil) to Jun. 2013 ($0.01 Mil) and stayed the same from Jun. 2013 ($0.01 Mil) to Sep. 2013 ($0.01 Mil).

SMSA Humble Acquistion's annual cash and cash equivalents stayed the same from Dec. 2010 ($0.00 Mil) to Dec. 2011 ($0.00 Mil) but then increased from Dec. 2011 ($0.00 Mil) to Dec. 2012 ($0.01 Mil).

SMSA Humble Acquistion Cash And Cash Equivalents Historical Data

The historical data trend for SMSA Humble Acquistion'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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SMSA Humble Acquistion Cash And Cash Equivalents Chart

SMSA Humble Acquistion Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Cash And Cash Equivalents

0.01

SMSA Humble Acquistion Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Cash And Cash Equivalents	Get a 7-Day Free Trial											0.01	0.01	0.01	0.01	0.01

SMSA Humble Acquistion 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.

SMSA Humble Acquistion (OTCPK:SMHQ) 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.

SMSA Humble Acquistion Cash And Cash Equivalents Related Terms

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SMSA Humble Acquistion (SMSA Humble Acquistion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SMSA Humble Acquistion Corp (OTCPK:SMHQ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Website

SMSA Humble Acquistion Corp is a development stage company.

Executives

Timothy P Halter	director, 10 percent owner, officer: CEO,Pres,CFO,Chairman, Secy	174 FM 1830, ARGYLE TX 76226
George L Diamond	10 percent owner	174 FM 1830, ARGYLE TX 76226
David F Brigante	10 percent owner	174FM 1830, ARGYLE TX 76226
Marat Rosenberg	10 percent owner	17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp	10 percent owner	174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc	10 percent owner	174 FM 1830, ARGYLE TX 76226

SMSA Humble Acquistion (SMSA Humble Acquistion) Headlines

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