Verde Bio Holdings (Verde Bio Holdings) Cash And Cash Equivalents : $0.01 Mil (As of Jan. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Verde Bio Holdings Cash And Cash Equivalents?

Verde Bio Holdings's quarterly cash and cash equivalents declined from Jul. 2023 ($0.20 Mil) to Oct. 2023 ($0.04 Mil) but then stayed the same from Oct. 2023 ($0.04 Mil) to Jan. 2024 ($0.01 Mil).

Verde Bio Holdings's annual cash and cash equivalents declined from Apr. 2021 ($2.09 Mil) to Apr. 2022 ($0.14 Mil) and declined from Apr. 2022 ($0.14 Mil) to Apr. 2023 ($0.03 Mil).

Verde Bio Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Verde Bio Holdings'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.

Verde Bio Holdings Cash And Cash Equivalents Chart

Verde Bio Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.02

2.09

0.14

0.03

Verde Bio Holdings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.05	0.03	0.20	0.04	0.01

Verde Bio Holdings 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.

Verde Bio Holdings (OTCPK:VBHI) 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.

Verde Bio Holdings Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Verde Bio Holdings's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Verde Bio Holdings (Verde Bio Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Verde Bio Holdings Inc (OTCPK:VBHI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

5750 Genesis Court, Suite 220B, Frisco, TX, USA, 75034

Website

https://www.verdebh.com

Verde Bio HLDGS Inc is a growing United States-based energy company. It is engaged in the acquisition and development of high-probability, lower-risk onshore oil, and gas properties within the United States. The Company focuses on the acquisition and exploitation of upstream energy assets, specifically targeting oil and gas mineral interests, oil and gas royalty interests and select non-operated working interests.

Executives

Scott Cox	director, officer: Chief Executive Officer	5750 GENESIS COURT, SUITE 220B, FRISCO TX 75034
Jesse Keller	director, 10 percent owner, officer: PRESIDENT, CEO, CFO	2296 CAPISTRANO DR, KELOWNA A1 V1V 2A2