Wealthcraft Capital (Wealthcraft Capital) Cash And Cash Equivalents : $0.02 Mil (As of Sep. 2023)

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What is Wealthcraft Capital Cash And Cash Equivalents?

Wealthcraft Capital's quarterly cash and cash equivalents increased from Sep. 2022 ($0.00 Mil) to Mar. 2023 ($0.05 Mil) but then stayed the same from Mar. 2023 ($0.05 Mil) to Sep. 2023 ($0.02 Mil).

Wealthcraft Capital's annual cash and cash equivalents declined from Dec. 2006 ($0.73 Mil) to Dec. 2007 ($0.01 Mil) but then increased from Dec. 2007 ($0.01 Mil) to Dec. 2008 ($0.10 Mil).

Wealthcraft Capital Cash And Cash Equivalents Historical Data

The historical data trend for Wealthcraft Capital'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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Wealthcraft Capital Cash And Cash Equivalents Chart

Wealthcraft Capital Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Cash And Cash Equivalents

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0.73

0.01

0.10

Wealthcraft Capital Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Sep15	Mar16	Jun16	Sep16	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	-	-	0.05	0.02

Wealthcraft Capital 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.

Wealthcraft Capital (OTCPK:WCCP) 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.

Wealthcraft Capital Cash And Cash Equivalents Related Terms

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Wealthcraft Capital (Wealthcraft Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wealthcraft Capital Inc (OTCPK:WCCP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 South Park Avenue, Suite 818, Pomona, CA, USA, 91766

Website

https://www.wealthcraftcapital.com

Wealthcraft Capital Inc operates through its subsidiary which is engaged in providing security services for commercial, retail, and industrial customers, with customized services and special patrol methods applicable to the cannabis industry.

Executives

Li Jenny Xiao Zhen	officer: CFO	ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Hulleman Curtis Cornelius	director, 10 percent owner, officer: Director and CIO	ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Tallas Kelly Jay Michael	director, 10 percent owner, officer: President & CEO	ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR

Wealthcraft Capital (Wealthcraft Capital) Headlines

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