MNP Petroleum (MNP Petroleum) Cash, Cash Equivalents, Marketable Securities : $0.11 Mil (As of Sep. 2015)

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What is MNP Petroleum Cash, Cash Equivalents, Marketable Securities?

MNP Petroleum's quarterly cash, cash equivalents, marketable securities declined from Mar. 2015 ($0.63 Mil) to Jun. 2015 ($0.07 Mil) but then increased from Jun. 2015 ($0.07 Mil) to Sep. 2015 ($0.11 Mil).

MNP Petroleum's annual cash, cash equivalents, marketable securities increased from Dec. 2012 ($2.84 Mil) to Dec. 2013 ($10.54 Mil) but then declined from Dec. 2013 ($10.54 Mil) to Dec. 2014 ($1.58 Mil).

MNP Petroleum Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for MNP Petroleum'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.

MNP Petroleum Cash, Cash Equivalents, Marketable Securities Chart

MNP Petroleum Annual Data

Trend

Mar05

Mar06

Mar07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash, Cash Equivalents, Marketable Securities

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1.74

13.63

2.84

10.54

1.58

MNP Petroleum Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															6.63	1.58	0.63	0.07	0.11

MNP Petroleum 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.

MNP Petroleum (OTCPK:MNAP) 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.

MNP Petroleum Cash, Cash Equivalents, Marketable Securities Related Terms

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MNP Petroleum (MNP Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MNP Petroleum Corp (OTCPK:MNAP) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

Bahnhofstrasse 9, P.O. Box 1259, Baar, Zug, CHE, 6341

Website

http://www.mnppetroleum.com

MNP Petroleum Corp is engaged in the business of exploration and development of oil and gas resources, primarily in Central and East Asia. The company conducts its operations directly through participation in ventures with other oil and gas companies. Besides, it is also involved in exploration projects in Tajikistan. The company holds approximately 90% equity interest in CJSC Somon Oil which owns a working interest in two petroleum exploration licenses in the Fergana Basin.

Executives

Libra Advisors Llc	10 percent owner	767 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Ranjan Tandon	10 percent owner	909 THIRD AVENUE, 29TH FLOOR, NEW YORK NY 10022
Libra Fund, L.p.	10 percent owner	767 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Libra Associates Llc	10 percent owner	777 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Steven Andrew Sanders	director, officer: Secretary	431 EAST 20TH STREET, NEW YORK NY 10010

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