Crownia Holdings (TSXV:CNH.H) Cash, Cash Equivalents, Marketable Securities : C$0.01 Mil (As of Mar. 2019)

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

Crownia Holdings's quarterly cash, cash equivalents, marketable securities declined from Sep. 2018 (C$0.03 Mil) to Dec. 2018 (C$0.01 Mil) but then stayed the same from Dec. 2018 (C$0.01 Mil) to Mar. 2019 (C$0.01 Mil).

Crownia Holdings's annual cash, cash equivalents, marketable securities increased from Jun. 2016 (C$0.16 Mil) to Jun. 2017 (C$0.40 Mil) but then declined from Jun. 2017 (C$0.40 Mil) to Jun. 2018 (C$0.02 Mil).

Crownia Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Crownia 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.

Crownia Holdings Cash, Cash Equivalents, Marketable Securities Chart

Crownia Holdings Annual Data

Trend

Jan14

Jan15

Jun16

Jun17

Jun18

Cash, Cash Equivalents, Marketable Securities

0.05

0.65

0.16

0.40

0.02

Crownia Holdings Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															0.01	0.02	0.03	0.01	0.01

Crownia 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.

Crownia Holdings (TSXV:CNH.H) 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.

Crownia Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Crownia Holdings (TSXV:CNH.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Crownia Holdings Ltd (TSXV:CNH.H) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

1075 West Georgia Street, Suite 1980, Vancouver, BC, CAN, V6E 3C9

Website

http://www.crowniaholdings.com

Crownia Holdings Ltd is a specialty steel company. It is engaged in the business of importing and exporting specialty steels. The company's products include Carbon structure steel, Alloy steel, Mould steel, Spring steel, Bearing steel, and High-speed steel. It sells specialty steel products by virtue of the integration of Chinese strategic steel suppliers and steel customers. The company serves its specialty steel to various industries such as automotive, electronics, oil and gas, aviation and aerospace, construction, pharmaceutical, and machinery and equipment. It has operations in British Virgin Island, Hong Kong, and China.

Crownia Holdings (TSXV:CNH.H) Headlines

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