Infinitii Ai (Infinitii Ai) Cash And Cash Equivalents : $0.25 Mil (As of Dec. 2023)

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What is Infinitii Ai Cash And Cash Equivalents?

Infinitii Ai's quarterly cash and cash equivalents declined from Jun. 2023 ($0.36 Mil) to Sep. 2023 ($0.10 Mil) but then increased from Sep. 2023 ($0.10 Mil) to Dec. 2023 ($0.25 Mil).

Infinitii Ai's annual cash and cash equivalents declined from Jun. 2021 ($2.38 Mil) to Jun. 2022 ($0.93 Mil) and declined from Jun. 2022 ($0.93 Mil) to Jun. 2023 ($0.36 Mil).

Infinitii Ai Cash And Cash Equivalents Historical Data

The historical data trend for Infinitii Ai'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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Infinitii Ai Cash And Cash Equivalents Chart

Infinitii Ai Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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0.02

0.07

2.38

0.93

0.36

Infinitii Ai 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															0.17	0.50	0.36	0.10	0.25

Infinitii Ai 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.

Infinitii Ai (OTCPK:CDTAF) 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.

Infinitii Ai Cash And Cash Equivalents Related Terms

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Infinitii Ai (Infinitii Ai) Business Description

Industry

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IAI:Canada

Address

1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7

Website

https://www.infinitii.ai

Infinitii Ai Inc provides environmental monitoring to water infrastructure utilities in the U.S and Canada. The group has developed AI-driven predictive analytics software for Smart City and Smart Industry infrastructure operations that rely on time-series data. The software performs real-time analysis, checks flow monitoring status, sets alarms through a single interface, accepts all types of data from any source, and offers predictive and prescriptive machine learning analytics. The company serves its customers through a trusted partner network that includes engineering and IT services companies like AECOM, Core & Main, Kerr Wood Leidal, K2 Geospatial, and CSL Services. It has one segment, comprised of data services. It derives the majority of its revenue from Canada.