Bagger Dave's Burger Tavern (Bagger Dave's Burger Tavern) Cash, Cash Equivalents, Marketable Securities : $0.50 Mil (As of Dec. 2018)

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What is Bagger Dave's Burger Tavern Cash, Cash Equivalents, Marketable Securities?

Bagger Dave's Burger Tavern's quarterly cash, cash equivalents, marketable securities declined from Sep. 2017 ($0.93 Mil) to Dec. 2017 ($0.86 Mil) but then stayed the same from Dec. 2017 ($0.86 Mil) to Dec. 2018 ($0.50 Mil).

Bagger Dave's Burger Tavern's annual cash, cash equivalents, marketable securities declined from Dec. 2016 ($1.82 Mil) to Dec. 2017 ($0.86 Mil) and declined from Dec. 2017 ($0.86 Mil) to Dec. 2018 ($0.50 Mil).

Bagger Dave's Burger Tavern Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Bagger Dave's Burger Tavern's Cash, Cash Equivalents, Marketable Securities 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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Bagger Dave's Burger Tavern Cash, Cash Equivalents, Marketable Securities Chart

Bagger Dave's Burger Tavern Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Cash, Cash Equivalents, Marketable Securities

0.70

1.82

0.86

0.50

Bagger Dave's Burger Tavern Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Dec18
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial					2.02	2.02	0.93	0.86	0.50

Bagger Dave's Burger Tavern Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Bagger Dave's Burger Tavern (OTCPK:BDVB) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Bagger Dave's Burger Tavern Cash, Cash Equivalents, Marketable Securities Related Terms

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Bagger Dave's Burger Tavern (Bagger Dave's Burger Tavern) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bagger Dave's Burger Tavern Inc (OTCPK:BDVB) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Main Avenue West, Suite 2D, West Fargo, ND, USA, 58078

Website

https://www.baggerdaves.com

Bagger Dave's Burger Tavern Inc is a multi-service ultra-casual restaurant and bar concept. It specializes in locally sourced, fresh prime rib recipe burgers, all-natural lean turkey burgers, hand-cut fries, locally crafted beers on draft, hand-dipped milkshakes, salads, black bean turkey chili, pizza with hot oil and others. The concept differentiates itself from other establishments by the absence of walk-in freezers and microwaves, substantiating fresh food offerings.

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