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XTRA Bitcoin (XTRA Bitcoin) Cash And Cash Equivalents : $0.00 Mil (As of Dec. 2011)


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What is XTRA Bitcoin Cash And Cash Equivalents?


XTRA Bitcoin Cash And Cash Equivalents Historical Data

The historical data trend for XTRA Bitcoin's Cash And Cash Equivalents 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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XTRA Bitcoin Cash And Cash Equivalents Chart

XTRA Bitcoin Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cash And Cash Equivalents
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XTRA Bitcoin Quarterly Data
Dec06 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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XTRA Bitcoin Cash And Cash Equivalents 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.


XTRA Bitcoin  (OTCPK:CBTC) Cash And Cash Equivalents Explanation

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.


Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.


XTRA Bitcoin Cash And Cash Equivalents Related Terms

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XTRA Bitcoin (XTRA Bitcoin) Business Description

Traded in Other Exchanges
N/A
Address
912 Bobwhite Street, Fruitland, ID, USA, 83619
XTRA Bitcoin Inc is a United States-based company engaged in the business of Bitcoin mining.