SoLVBL Solutions (SoLVBL Solutions) Cash And Cash Equivalents : $0.07 Mil (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is SoLVBL Solutions Cash And Cash Equivalents?

SoLVBL Solutions's quarterly cash and cash equivalents stayed the same from Dec. 2022 ($0.03 Mil) to Mar. 2023 ($0.03 Mil) but then increased from Mar. 2023 ($0.03 Mil) to Jun. 2023 ($0.07 Mil).

SoLVBL Solutions's annual cash and cash equivalents increased from Dec. 2020 ($0.18 Mil) to Dec. 2021 ($1.00 Mil) but then declined from Dec. 2021 ($1.00 Mil) to Dec. 2022 ($0.03 Mil).

SoLVBL Solutions Cash And Cash Equivalents Historical Data

The historical data trend for SoLVBL Solutions'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.

SoLVBL Solutions Cash And Cash Equivalents Chart

SoLVBL Solutions Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

0.01

0.18

1.00

0.03

SoLVBL Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial													0.25	0.45	0.03	0.03	0.07

SoLVBL Solutions 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.

SoLVBL Solutions (OTCPK:SOLBF) 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.

SoLVBL Solutions Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of SoLVBL Solutions's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

SoLVBL Solutions (SoLVBL Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoLVBL Solutions Inc (OTCPK:SOLBF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SOLV:Canada

Address

100 King Street West, First Canadian Place, Suite 5700, Toronto, ON, CAN, M5X 1C7

Website

https://www.solvbl.com

SoLVBL Solutions Inc is a solution engineering company specializing in applications that address critical data integrity problems. Its products and services include a Supply-chain ecosystem, which enables a single entity to monitor, measure, and manage its inventory and supply management; and a Tracking system that provides a level of security by registering tracker profiles on the ledger using a 256-bit hash. It generates revenue through the sale of services for Blockchain software products.

SoLVBL Solutions (SoLVBL Solutions) Headlines

From GuruFocus

The Power Play by The Market Herald Announces Interviews with SoLVBL Solutions, Xebra Brands Ltd., Prophecy DeFi, and Max Resource on Latest Company News

By ACCESSWIRE ACCESSWIRE • 10-20-2021