Vortex Brands Co (Vortex Brands Co) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Jun. 2007)

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What is Vortex Brands Co Cash, Cash Equivalents, Marketable Securities?

Vortex Brands Co's quarterly cash, cash equivalents, marketable securities increased from Jun. 2005 ($0.00 Mil) to Jun. 2006 ($0.04 Mil) but then stayed the same from Jun. 2006 ($0.04 Mil) to Jun. 2007 ($0.00 Mil).

Vortex Brands Co's annual cash, cash equivalents, marketable securities increased from Jun. 2005 ($0.00 Mil) to Jun. 2006 ($0.04 Mil) but then declined from Jun. 2006 ($0.04 Mil) to Jun. 2007 ($0.00 Mil).

Vortex Brands Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Vortex Brands Co'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.

Vortex Brands Co Cash, Cash Equivalents, Marketable Securities Chart

Vortex Brands Co Annual Data

Trend

Jun05

Jun06

Jun07

Cash, Cash Equivalents, Marketable Securities

0.04

Vortex Brands Co Semi-Annual Data
	Jun05	Jun06	Jun07
Cash, Cash Equivalents, Marketable Securities	-	0.04	-

Vortex Brands Co 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.

Vortex Brands Co (OTCPK:VTXB) 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.

Vortex Brands Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Vortex Brands Co (Vortex Brands Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vortex Brands Co (OTCPK:VTXB) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

3511 Del Paso Road, Suite 160 PMB 432, Sacramento, CA, USA, 95835

Website

https://www.vortexbrands.us

Vortex Brands Co has two business operations: Bitcoin Mining and Multi-purpose Phase Angle Synchronization equipment as a service to electric utilities in the United States.

Executives

Alfred M. Dube	director	950 17TH STREET, SUITE 2300, DENVER CO 80202
David Weisgerber	officer: Executive Officer	950 17TH STREET, SUITE 2300, DENVER CO 80202
James Hostetler	officer: Executive Vice President	950 17TH STREET, SUITE 2300, DENVER CO 80202
Brian D. Hughes	director, 10 percent owner	950 17TH STREET, SUITE 2300, DENVER CO 80202
Keith Reeves	officer: Vice President of Exploration	950 17TH STREET, SUITE 2300, DENVER CO 80202
Hughes Lllp Lma	10 percent owner	8400 EAST PRENTICE AVENUE, PH 1500, GREENWOOD VILLAGE CO 80111
Mohamed H. Gova	director, other: Vice Chairman	122 NORTH MAIN STREET, SHERIDAN WY 82801
Paul Stroud	director, officer: PRESIDENT & CEO	950 SEVENTEENTH STREET, SUITE 2300, DENVER CO 80202
Pierre Besuchet	director	29 QUAI DES BERGUES, GENEVA V8 1201
Al Fahim Abdul Majeed Ismail	director	950 17TH STREET, SUITE 2300, DENVER CO 80202