Zero Gravity Solutions (Zero Gravity Solutions) Cash And Cash Equivalents : $0.51 Mil (As of Sep. 2019)

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What is Zero Gravity Solutions Cash And Cash Equivalents?

Zero Gravity Solutions's quarterly cash and cash equivalents increased from Mar. 2019 ($0.00 Mil) to Jun. 2019 ($1.78 Mil) but then stayed the same from Jun. 2019 ($1.78 Mil) to Sep. 2019 ($0.51 Mil).

Zero Gravity Solutions's annual cash and cash equivalents declined from Dec. 2016 ($0.23 Mil) to Dec. 2017 ($0.01 Mil) but then increased from Dec. 2017 ($0.01 Mil) to Dec. 2018 ($0.04 Mil).

Zero Gravity Solutions Cash And Cash Equivalents Historical Data

The historical data trend for Zero Gravity Solutions'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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Zero Gravity Solutions Cash And Cash Equivalents Chart

Zero Gravity Solutions Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash And Cash Equivalents

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0.25

2.85

0.23

0.01

0.04

Zero Gravity Solutions Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.38	0.04	-	1.78	0.51

Zero Gravity Solutions 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.

Zero Gravity Solutions (OTCPK:ZGSI) 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.

Zero Gravity Solutions Cash And Cash Equivalents Related Terms

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Zero Gravity Solutions (Zero Gravity Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Zero Gravity Solutions Inc (OTCPK:ZGSI) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

190 North West Spanish River Boulevard, Boca Raton, FL, USA, 33431

Website

http://www.zerogsi.com

Zero Gravity Solutions Inc is a developer of a biotechnology company focused on safe and sustainable agriculture. The company uses a plant priming technology that harnesses natural physiology, enabling farmers to sustainably improve crop yields, mitigate disease, and increase profitability.

Executives

Michael T Smith	director	190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Ed Cowle	director	6 EAST 45TH ST., SUITE 1000, NEW YORK NY 10017
H Deworth Williams	director	2681 EAST PARLEYS WAY, SUITE #204, SALT LAKE CITY UT 84109
Harvey N Kaye	director, officer: Chairman	190 NW SPANISH RIVER BLVD., SUITE 101, BOCA RATON FL 33431

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