Balamara Resources (FRA:CDU) Cash, Cash Equivalents, Marketable Securities : €1.38 Mil (As of Dec. 2014)

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What is Balamara Resources Cash, Cash Equivalents, Marketable Securities?

Balamara Resources's quarterly cash, cash equivalents, marketable securities declined from Dec. 2013 (€0.79 Mil) to Jun. 2014 (€0.27 Mil) but then increased from Jun. 2014 (€0.27 Mil) to Dec. 2014 (€1.38 Mil).

Balamara Resources's annual cash, cash equivalents, marketable securities declined from Jun. 2012 (€1.55 Mil) to Jun. 2013 (€0.31 Mil) and declined from Jun. 2013 (€0.31 Mil) to Jun. 2014 (€0.27 Mil).

Balamara Resources Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Balamara Resources'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.

* Premium members only.

Balamara Resources Cash, Cash Equivalents, Marketable Securities Chart

Balamara Resources Annual Data

Trend

Jun02

Jun03

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Cash, Cash Equivalents, Marketable Securities

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0.44

3.91

1.55

0.31

0.27

Balamara Resources Semi-Annual Data
	Dec02	Jun03	Dec03	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1.50	0.31	0.79	0.27	1.38

Balamara Resources 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.

Balamara Resources (FRA:CDU) 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.

Balamara Resources Cash, Cash Equivalents, Marketable Securities Related Terms

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Balamara Resources (FRA:CDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Balamara Resources Ltd (FRA:CDU) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

Website

http://www.balamara.com.au

Balamara Resources Ltd formerly known as Sultan Corporation Limited was incorporated in New South Wales on 16 August 1993 under the name of Asia-Pacific Minerals NL and on 21 November 1993 it changed its name to Caledonian Pacific Minerals NL. On 13 May, 2000 the Company changed its name again to Quadtel NL. The name of the Company was changed once more to Wytomic Limited on 17 February, 2005. The Company is engaged in exploration of mineral resources and reserves, primarily in Central Europe. It acquires assets at low cost with significant upside potential and develops them to a pre-production status. The Company's projects are located in Poland, Montenegro, Bosnia and NSW Australia. It operates in three reportable segments: Exploration Balkans region, Exploration Poland, and Exploration Australia.

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