Santo Mining (Santo Mining) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Jul. 2015)

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What is Santo Mining Cash, Cash Equivalents, Marketable Securities?

Santo Mining's quarterly cash, cash equivalents, marketable securities declined from Jul. 2013 ($0.02 Mil) to Jul. 2014 ($0.00 Mil) but then stayed the same from Jul. 2014 ($0.00 Mil) to Jul. 2015 ($0.00 Mil).

Santo Mining's annual cash, cash equivalents, marketable securities declined from Jul. 2012 ($0.05 Mil) to Jul. 2013 ($0.02 Mil) and declined from Jul. 2013 ($0.02 Mil) to Jul. 2014 ($0.00 Mil).

Santo Mining Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Santo Mining'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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Santo Mining Cash, Cash Equivalents, Marketable Securities Chart

Santo Mining Annual Data

Trend

Jul10

Jul11

Jul12

Jul13

Jul14

Cash, Cash Equivalents, Marketable Securities

0.02

0.05

0.02

Santo Mining Semi-Annual Data
	Jul10	Jul11	Jul12	Jul13	Jul14	Jul15
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	0.05	0.02	-	-

Santo Mining 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.

Santo Mining (OTCPK:SANP) 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.

Santo Mining Cash, Cash Equivalents, Marketable Securities Related Terms

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Santo Mining (Santo Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Santo Mining Corp (OTCPK:SANP) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

848 Biscayne Boulevard, PH5, Miami, FL, USA, 33133

Website

https://www.santoblockchain.com

Santo Mining Corp is a Wyoming corporation and its wholly owned subsidiaries is a vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end "BaaS" Blockchain-as-a-Service, similar to software-as-a-service, blockchain as a service lets businesses get applications up and running with minimal hassle.