Silver Star Energy (Silver Star Energy) Cash And Cash Equivalents : $0.01 Mil (As of Sep. 2007)

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What is Silver Star Energy Cash And Cash Equivalents?

Silver Star Energy's quarterly cash and cash equivalents increased from Mar. 2007 ($0.00 Mil) to Jun. 2007 ($0.05 Mil) but then stayed the same from Jun. 2007 ($0.05 Mil) to Sep. 2007 ($0.01 Mil).

Silver Star Energy's annual cash and cash equivalents increased from Dec. 2004 ($0.14 Mil) to Dec. 2005 ($1.09 Mil) but then declined from Dec. 2005 ($1.09 Mil) to Dec. 2006 ($0.03 Mil).

Silver Star Energy Cash And Cash Equivalents Historical Data

The historical data trend for Silver Star Energy'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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Silver Star Energy Cash And Cash Equivalents Chart

Silver Star Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Cash And Cash Equivalents

0.50

0.14

1.09

0.03

Silver Star Energy Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Cash And Cash Equivalents	Get a 7-Day Free Trial														0.10	0.03	-	0.05	0.01

Silver Star Energy 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.

Silver Star Energy (OTCPK:SVSE) 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.

Silver Star Energy Cash And Cash Equivalents Related Terms

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Silver Star Energy (Silver Star Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Silver Star Energy Inc (OTCPK:SVSE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212

Website

Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.

Executives

Scott Marshall	10 percent owner	2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson	director	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh	director, officer: President	504 THRASHER STREET, NORCROSS GA 30071

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