Strategic Asset Leasing (Strategic Asset Leasing) Cash, Cash Equivalents, Marketable Securities : $0.30 Mil (As of Dec. 2092)

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What is Strategic Asset Leasing Cash, Cash Equivalents, Marketable Securities?

Strategic Asset Leasing's quarterly cash, cash equivalents, marketable securities stayed the same from Jun. 2092 ($0.00 Mil) to Sep. 2092 ($0.00 Mil) but then increased from Sep. 2092 ($0.00 Mil) to Dec. 2092 ($0.30 Mil).

Strategic Asset Leasing's annual cash, cash equivalents, marketable securities increased from Dec. 2090 ($0.00 Mil) to Dec. 2091 ($0.10 Mil) and increased from Dec. 2091 ($0.10 Mil) to Dec. 2092 ($0.30 Mil).

Strategic Asset Leasing Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Strategic Asset Leasing'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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Strategic Asset Leasing Cash, Cash Equivalents, Marketable Securities Chart

Strategic Asset Leasing Annual Data

Trend

Dec89

Dec90

Dec91

Dec92

Cash, Cash Equivalents, Marketable Securities

0.10

0.30

Strategic Asset Leasing Quarterly Data
	Mar89	Jun89	Sep89	Dec89	Mar90	Jun90	Sep90	Dec90	Mar91	Jun91	Sep91	Dec91	Mar92	Jun92	Sep92	Dec92
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial											0.10	-	-	-	0.30

Strategic Asset Leasing 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.

Strategic Asset Leasing (OTCPK:LEAS) 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.

Strategic Asset Leasing Cash, Cash Equivalents, Marketable Securities Related Terms

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Strategic Asset Leasing (Strategic Asset Leasing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Strategic Asset Leasing Inc (OTCPK:LEAS) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

13576 Walnut Street, Suite A, Omaha, NE, USA, 68144

Website

https://www.anewmeds.com

Strategic Asset Leasing Inc is a United States-based development stage company. It is principally focused on the business activities to engage in the leasing and rental of general and miscellaneous business equipment.