Cal Bay International (Cal Bay International) Cash, Cash Equivalents, Marketable Securities : $0.20 Mil (As of Sep. 2006)

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What is Cal Bay International Cash, Cash Equivalents, Marketable Securities?

Cal Bay International's quarterly cash, cash equivalents, marketable securities increased from Mar. 2006 ($0.03 Mil) to Jun. 2006 ($0.26 Mil) but then stayed the same from Jun. 2006 ($0.26 Mil) to Sep. 2006 ($0.20 Mil).

Cal Bay International's annual cash, cash equivalents, marketable securities declined from Dec. 2003 ($0.02 Mil) to Dec. 2004 ($0.01 Mil) but then increased from Dec. 2004 ($0.01 Mil) to Dec. 2005 ($0.20 Mil).

Cal Bay International Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Cal Bay International'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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Cal Bay International Cash, Cash Equivalents, Marketable Securities Chart

Cal Bay International Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Cash, Cash Equivalents, Marketable Securities

0.03

0.04

0.02

0.01

0.20

Cal Bay International Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															0.20	0.20	0.03	0.26	0.20

Cal Bay International 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.

Cal Bay International (OTCPK:CBYI) 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.

Cal Bay International Cash, Cash Equivalents, Marketable Securities Related Terms

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Cal Bay International (Cal Bay International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cal Bay International Inc (OTCPK:CBYI) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014

Website

https://www.cbyintl.com

Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.