Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Aug. 2023)

Life Electric Vehicles Holdings Cash, Cash Equivalents, Marketable Securities Chart

Life Electric Vehicles Holdings Annual Data
	Trend	Nov98	Nov99	Nov00	Nov01	Nov02	Nov03	Nov04	Nov05	Nov06	Nov07
Cash, Cash Equivalents, Marketable Securities		Get a 7-Day Free Trial					1.82	2.63	2.74	0.77	0.58

Life Electric Vehicles Holdings Quarterly Data
	May04	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Aug22	Aug23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															0.15	0.15	0.05	-	-

Life Electric Vehicles Holdings 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.

Life Electric Vehicles Holdings  (OTCPK:LFEV) 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.

Life Electric Vehicles Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Business Description