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Eline Entertainment Group (Eline Entertainment Group) Cash And Cash Equivalents : $0.00 Mil (As of Jun. 2023)


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What is Eline Entertainment Group Cash And Cash Equivalents?

Eline Entertainment Group's annual cash and cash equivalents declined from Oct. 2005 ($0.16 Mil) to Dec. 2021 ($0.00 Mil) but then stayed the same from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil).


Eline Entertainment Group Cash And Cash Equivalents Historical Data

The historical data trend for Eline Entertainment Group'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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Eline Entertainment Group Cash And Cash Equivalents Chart

Eline Entertainment Group Annual Data
Trend Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Dec21 Dec22
Cash And Cash Equivalents
Get a 7-Day Free Trial 0.15 0.13 0.16 - -

Eline Entertainment Group Quarterly Data
Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Eline Entertainment Group 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.


Eline Entertainment Group  (OTCPK:EEGI) 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.


Eline Entertainment Group Cash And Cash Equivalents Related Terms

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Eline Entertainment Group (Eline Entertainment Group) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Suite 1113, Tower 2, Lippo Centre, Admiralty, HKG
Eline Entertainment Group Inc is a developmental stage company. Its plan of business has not been implemented but will involve mergers and acquisitions of operating companies .
Executives
Barry A Rothman officer: President 20118 OCEAN KEY DRIVE, BOCA RATON FL 33498
Jayme Dorrough director, 10 percent owner

Eline Entertainment Group (Eline Entertainment Group) Headlines

From GuruFocus

Eline Entertainment Group (OTC:EEGI) Submits Updated Filings

By PRNewswire PRNewswire 07-29-2021