EESTech (EESTech) Cash, Cash Equivalents, Marketable Securities : $0.05 Mil (As of Sep. 2023)

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What is EESTech Cash, Cash Equivalents, Marketable Securities?

EESTech's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 ($0.34 Mil) to Jun. 2023 ($0.03 Mil) but then increased from Jun. 2023 ($0.03 Mil) to Sep. 2023 ($0.05 Mil).

EESTech's annual cash, cash equivalents, marketable securities increased from Dec. 2005 ($0.00 Mil) to Dec. 2006 ($0.01 Mil) and increased from Dec. 2006 ($0.01 Mil) to Dec. 2007 ($0.01 Mil).

EESTech Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for EESTech'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.

EESTech Cash, Cash Equivalents, Marketable Securities Chart

EESTech Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Cash, Cash Equivalents, Marketable Securities

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0.58

0.40

0.01

EESTech Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															-	-	0.34	0.03	0.05

EESTech 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.

EESTech (OTCPK:EESH) 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.

EESTech Cash, Cash Equivalents, Marketable Securities Related Terms

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EESTech (EESTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EESTech Inc (OTCPK:EESH) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

16192 Coastal Highway, Lewes, DE, USA, 19958

Website

http://www.eestechinc.com

EESTech Inc is engaged in providing mine site waste management solutions and services through the application of industrially advanced and proprietary processing capabilities. The firm's objective is to provide tangible methods of mine-site remediation and reclamation through the cost-effective delivery of critical waste management solutions.

Executives

Graeme John Lynch	officer: Chief Operating Officer	EESTECH INC, 241 ADELAIDE ST., SUITE 417, BRISBANE C3 QLD 4000
Patrick James Caragata	director	EESTECH INC, 241 ADELAIDE ST., SUITE 417, BRISBANE C3 QLD 4000
Donald Graham Bartlem	director	EESTECH INC, 241 ADELAIDE ST., SUITE 417, BRISBANE C3 QLD 4000
Eestech, Inc.	officer: COMPANY SECRETARY and CFO	241 ADELAIDE STREET, SUITE 417, BRISBANE C3 4000
Ian Hutcheson	officer: SECRETARY & CFO	1260 S. HIGHWAY 89, BLDG. 1, SUITE H-5, CHINO VALLEY AZ 86323
Murray J. Bailey	director, officer: CHAIRMAN OF THE BD, PRESIDENT	1260 S. HIGHWAY 89, BLDG. 1, SUITE H-5, CHINO VALLEY AZ 86323
Gaylord Beeson	director	1260 S. HIGHWAY 89, BLDG. 1, SUITE H-5, CHINO VALLEY AZ 86323
Thomas L Svalberg	director, officer: Chief Operations Officer	5608 SOUTH ENSENADA COURT, AURORA CO 80015
John Ritter	director, officer: President	23011 MOULTON PARKWAY A-16, LAGUNA HILLS CA 92653
James W Zigler	director
James C Wilson	director
Steven Symms	director
Greg Paxton	10 percent owner	23011 MOULTON PARKWAY A-16, LAGUNA HILLS CA 92653
John Henderson	director, officer: CEO and CFO	23011 MOULTON PARKWAY A-16, LAGUNA HILLS CA 92653
Simon Mosley	10 percent owner