Agritek Holdings (Agritek Holdings) Cash, Cash Equivalents, Marketable Securities : $0.13 Mil (As of Dec. 2019)

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What is Agritek Holdings Cash, Cash Equivalents, Marketable Securities?

Agritek Holdings's quarterly cash, cash equivalents, marketable securities increased from Jun. 2019 ($0.18 Mil) to Sep. 2019 ($0.34 Mil) but then stayed the same from Sep. 2019 ($0.34 Mil) to Dec. 2019 ($0.13 Mil).

Agritek Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2017 ($0.35 Mil) to Dec. 2018 ($0.09 Mil) but then increased from Dec. 2018 ($0.09 Mil) to Dec. 2019 ($0.13 Mil).

Agritek Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Agritek Holdings'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.

Agritek Holdings Cash, Cash Equivalents, Marketable Securities Chart

Agritek Holdings Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash, Cash Equivalents, Marketable Securities

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0.01

0.11

0.35

0.09

0.13

Agritek Holdings Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															0.09	0.03	0.18	0.34	0.13

Agritek 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.

Agritek Holdings (OTCPK:AGTK) 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.

Agritek Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Agritek Holdings (Agritek Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agritek Holdings Inc (OTCPK:AGTK) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Brickell Avenue, Suite 500, Miami, FL, USA, 33131

Website

http://www.agritekholdings.com

Agritek Holdings Inc is a U.S based fully integrated, active investor and operator in the legal cannabis sector. The company acquires and leases real estate, then leases or sub-leases the real estate to licensed marijuana operators. It is focused on three high-value segments of the cannabis market, including real estate investment, intellectual property brands; and infrastructure, with operations in three states: Colorado, Washington State, and California as well as Canada and Puerto Rico. The firm invests its capital through real estate holdings, licensing agreements, royalties, and equity in acquisition operations.

Executives

Barry Michael Friedman	director, 10 percent owner, officer: CEO, Secretary	319 CLEMATIS STREET, SUITE 1008, WEST PALM BEACH FL 33401
Barry S Hollander	director, officer: CFO	319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Vasan Thatham	other: Former Officer	C/O FRONTLINE COMMUNICATIONS CORP, 1 BLUE HILL PLAZA, PO BOX 1548, PEARLE RIVER NY 10965
Cole Hatchard Stephen J	director, officer: CEO	C/O FRONTLINE COMMUNICATIONS CORP, ONE BLUE HILL PLAZA, PO BOX 1548, PEARLE RIVER NY 10965
Miguel Madero	director