TGI Solar Power Group (TGI Solar Power Group) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Jul. 2023)

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What is TGI Solar Power Group Cash, Cash Equivalents, Marketable Securities?

TGI Solar Power Group's quarterly cash, cash equivalents, marketable securities increased from Jul. 2017 ($0.00 Mil) to Jul. 2022 ($0.01 Mil) but then stayed the same from Jul. 2022 ($0.01 Mil) to Jul. 2023 ($0.00 Mil).

TGI Solar Power Group's annual cash, cash equivalents, marketable securities increased from Jul. 2017 ($0.00 Mil) to Jul. 2022 ($0.01 Mil) but then declined from Jul. 2022 ($0.01 Mil) to Jul. 2023 ($0.00 Mil).

TGI Solar Power Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for TGI Solar Power Group'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.

TGI Solar Power Group Cash, Cash Equivalents, Marketable Securities Chart

TGI Solar Power Group Annual Data

Trend

Jul15

Jul16

Jul17

Jul22

Jul23

Cash, Cash Equivalents, Marketable Securities

0.13

0.01

TGI Solar Power Group Semi-Annual Data
	Jul15	Jul16	Jul17	Jul22	Jul23
Cash, Cash Equivalents, Marketable Securities	-	0.13	-	0.01	-

TGI Solar Power Group 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.

TGI Solar Power Group (OTCPK:TSPG) 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.

TGI Solar Power Group Cash, Cash Equivalents, Marketable Securities Related Terms

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TGI Solar Power Group (TGI Solar Power Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TGI Solar Power Group Inc (OTCPK:TSPG) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1801 North East 123rd Street, North Miami, FL, USA, 33181

Website

https://www.tgipower.com

TGI Solar Power Group Inc is engaged in the business of providing potential alternative energy solutions to residential and business customers. The company offers services such as Management Consulting, Project Management, International Business Development, Strategic Alliances, New Technology Incubator, Smart Sustainable City Development & Many More.

Executives

R Paul Gray	director, 10 percent owner, officer: Executive VP of Business Dev.	C/O UNITED THERAPEUTICS CORP, 1110 SPRING STREET, SILVER SPRINGS MD 20910
David A Dedman	director	44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Neil Booth Strodel	director	6 TEASEL LANE, SKANEATELES NY 13152
Wisneski John Thomas Jr	director	2706 CLEARVIEW ROAD, ALLISON PARK PA 15101
Matthew Freeman Taylor	director, other: Self	839 SOUTHRIDGE GREENS BLVD, FORT COLLINS CO 80525
Sequence Holdings Llc	10 percent owner	192 EAST BAY STREET, SUITE 300, CHARLESTON SC 29401
Linda Joy Putnam	officer: Vice President and CFO	141 HERNDON MILL CIRCLE, HERNDON VA 20170
Core Concepts, Llc	10 percent owner	44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Timothy S Novak	director, 10 percent owner, other: * See Remarks	8374 MARKET ST, STE 439, BRADENTON FL 34202
Tenthgate, Inc.	10 percent owner	44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147