North Bud Farms (XCNQ:NBUD) Cash And Cash Equivalents : C$1.46 Mil (As of Aug. 2019)

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What is North Bud Farms Cash And Cash Equivalents?

North Bud Farms's quarterly cash and cash equivalents declined from Feb. 2019 (C$2.20 Mil) to May. 2019 (C$0.76 Mil) but then increased from May. 2019 (C$0.76 Mil) to Aug. 2019 (C$1.46 Mil).

North Bud Farms's annual cash and cash equivalents stayed the same from . 20 (C$0.00 Mil) to Nov. 2017 (C$0.00 Mil) but then increased from Nov. 2017 (C$0.00 Mil) to Nov. 2018 (C$4.02 Mil).

North Bud Farms Cash And Cash Equivalents Historical Data

The historical data trend for North Bud 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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North Bud Farms Cash And Cash Equivalents Chart

North Bud Farms Annual Data

Trend

Nov17

Nov18

Cash And Cash Equivalents

4.02

North Bud Farms Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19
Cash And Cash Equivalents	Get a 7-Day Free Trial				4.05	4.02	2.20	0.76	1.46

North Bud 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.

North Bud Farms (XCNQ:NBUD) 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.

North Bud Farms Cash And Cash Equivalents Related Terms

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North Bud Farms (XCNQ:NBUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » North Bud Farms Inc (XCNQ:NBUD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

http://www.northbud.com

North Bud Farms Inc owns a state-of-the-art purpose-built cannabis production facility located on approximately 135 acres of agricultural land in Low, Quebec, Canada. The Low, Quebec facility currently has approximately 24,500 square feet of licensed indoor cultivation space; the company has submitted its licence amendment application to Health Canada to add an additional approximately 1,000,000 square feet of outdoor cultivation space.

Executives

Ryan Brown	Director, Senior Officer
André Audet	Director, Senior Officer
Kosta Kostic	Senior Officer

North Bud Farms (XCNQ:NBUD) Headlines

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