Darelle Online Solutions (TSXV:DAR) Cash And Cash Equivalents : C$0.00 Mil (As of Feb. 2024)

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What is Darelle Online Solutions Cash And Cash Equivalents?

Darelle Online Solutions's quarterly cash and cash equivalents increased from Aug. 2023 (C$0.06 Mil) to Nov. 2023 (C$0.08 Mil) but then stayed the same from Nov. 2023 (C$0.08 Mil) to Feb. 2024 (C$0.00 Mil).

Darelle Online Solutions's annual cash and cash equivalents declined from Aug. 2021 (C$0.09 Mil) to Aug. 2022 (C$0.08 Mil) and declined from Aug. 2022 (C$0.08 Mil) to Aug. 2023 (C$0.06 Mil).

Darelle Online Solutions Cash And Cash Equivalents Historical Data

The historical data trend for Darelle Online 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.

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Darelle Online Solutions Cash And Cash Equivalents Chart

Darelle Online Solutions Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Cash And Cash Equivalents

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0.06

0.05

0.09

0.08

0.06

Darelle Online Solutions Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.05	0.07	0.06	0.08	-

Darelle Online 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.

Darelle Online Solutions (TSXV:DAR) 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.

Darelle Online Solutions Cash And Cash Equivalents Related Terms

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Darelle Online Solutions (TSXV:DAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Darelle Online Solutions Inc (TSXV:DAR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

4610 Sheridan Ridge Road, Nanaimo, BC, CAN, V9T 6S6

Website

https://www.darelle.com

Darelle Online Solutions Inc is a Canada-based company. The company is mainly engaged in providing an online raffle lottery system to charities. The online raffle program enables charitable and non-profit organizations to create, sell, deliver, and manage their raffle ticket and 50/50 draws completely online. In addition, the company is also engaged in the development of various software solutions that can be easily integrated with the customer's websites. The company's revenue consists of consideration from customers for set-up fees and processing fees.

Executives

Kyle Kotapski

10% Security Holder