BTQ Technologies (NEOE:BTQ) Cash And Cash Equivalents : C$4.96 Mil (As of Sep. 2023)

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What is BTQ Technologies Cash And Cash Equivalents?

BTQ Technologies's quarterly cash and cash equivalents declined from Jan. 2023 (C$7.24 Mil) to Jun. 2023 (C$5.50 Mil) but then stayed the same from Jun. 2023 (C$5.50 Mil) to Sep. 2023 (C$4.96 Mil).

BTQ Technologies's annual cash and cash equivalents stayed the same from . 20 (C$0.00 Mil) to Dec. 2021 (C$0.00 Mil) but then increased from Dec. 2021 (C$0.00 Mil) to Jan. 2022 (C$0.26 Mil).

BTQ Technologies Cash And Cash Equivalents Historical Data

The historical data trend for BTQ Technologies'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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BTQ Technologies Cash And Cash Equivalents Chart

BTQ Technologies Annual Data

Trend

Dec21

Jan22

Cash And Cash Equivalents

0.26

BTQ Technologies Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Jan23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial			-	4.41	7.24	5.50	4.96

BTQ Technologies 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.

BTQ Technologies (NEOE:BTQ) 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.

BTQ Technologies Cash And Cash Equivalents Related Terms

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BTQ Technologies (NEOE:BTQ) Business Description

Industry

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BTQQF:USA NG3:Germany

Address

700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3

Website

https://www.btq.li

BTQ Technologies Corp is home to a diverse team of builders with a shared interest in post-quantum technology. Its products include PQScale, Keelung, Kenting, and Qbyte. PQScale is a novel scaling technique for post-quantum cryptographic primitives. PQScale achieves transaction speed and cost savings by leveraging zero-knowledge proofs for transaction processing. Keelung is a Zero-Knowledge Toolkit for Fast, Private, and Secure Applications. Kenting has accelerated hardware devices for a variety of post-quantum cryptographic primitives. Kenting provides acceleration for NIST-compliant post-quantum cryptography, post-quantum zk-SNARKs, and eco-friendly mining hardware. Qbyte is a Quantum risk Calculator.