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EnWave (EnWave) Cash And Cash Equivalents : $2.87 Mil (As of Dec. 2023)


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What is EnWave Cash And Cash Equivalents?

EnWave's quarterly cash and cash equivalents declined from Jun. 2023 ($3.37 Mil) to Sep. 2023 ($3.08 Mil) but then stayed the same from Sep. 2023 ($3.08 Mil) to Dec. 2023 ($2.87 Mil).

EnWave's annual cash and cash equivalents declined from Sep. 2021 ($9.31 Mil) to Sep. 2022 ($4.65 Mil) and declined from Sep. 2022 ($4.65 Mil) to Sep. 2023 ($3.08 Mil).

EnWave Cash And Cash Equivalents Historical Data

The historical data trend for EnWave'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.

* Premium members only.

EnWave Cash And Cash Equivalents Chart

EnWave Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.10 11.12 9.31 4.65 3.08

EnWave Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.09 2.55 3.37 3.08 2.87

EnWave 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.

EnWave  (OTCPK:NWVCF) 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.

EnWave Cash And Cash Equivalents Related Terms

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EnWave (EnWave) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » EnWave Corp (OTCPK:NWVCF) » Definitions » Cash And Cash Equivalents
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Address
1668 Derwent Way, Unit 1, Delta, BC, CAN, V3M 6R9
Website
https://www.enwave.net
EnWave Corp is engaged in licensing its intellectual property through royalty-bearing agreements and the design, construction, marketing and sales of vacuum-microwave machinery for the food, cannabis and biomaterial dehydration industries. The Company's wholly-owned subsidiary, NutraDried Food Company, LLC manufactures, markets and sells certain dehydrated food products manufactured using EnWave's proprietary technology.