Xtract One Technologies (TSX:XTRA) Cash, Cash Equivalents, Marketable Securities : C$4.19 Mil (As of Jan. 2024)

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What is Xtract One Technologies Cash, Cash Equivalents, Marketable Securities?

Xtract One Technologies's quarterly cash, cash equivalents, marketable securities declined from Jul. 2023 (C$8.33 Mil) to Oct. 2023 (C$5.29 Mil) but then stayed the same from Oct. 2023 (C$5.29 Mil) to Jan. 2024 (C$4.19 Mil).

Xtract One Technologies's annual cash, cash equivalents, marketable securities declined from Jul. 2021 (C$9.65 Mil) to Jul. 2022 (C$6.28 Mil) but then increased from Jul. 2022 (C$6.28 Mil) to Jul. 2023 (C$8.33 Mil).

Xtract One Technologies Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Xtract One Technologies's Cash, Cash Equivalents, Marketable Securities 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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Xtract One Technologies Cash, Cash Equivalents, Marketable Securities Chart

Xtract One Technologies Annual Data

Trend

May14

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Jul23

Cash, Cash Equivalents, Marketable Securities

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50.64

26.43

9.65

6.28

8.33

Xtract One Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															0.98	8.55	8.33	5.29	4.19

Xtract One Technologies Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Xtract One Technologies (TSX:XTRA) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Xtract One Technologies Cash, Cash Equivalents, Marketable Securities Related Terms

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Xtract One Technologies (TSX:XTRA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Xtract One Technologies Inc (TSX:XTRA) » Definitions » Cash, Cash Equivalents, Marketable Securities

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XTRAF:USA 0PL:Germany

Address

257 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5H 1X9

Website

https://www.xtractone.com

Xtract One Technologies Inc is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The principal business of the Company is the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution, referred to as the Platform, with the aim of enhancing public health and safety. The company makes unobtrusive threat detection systems that enable venue-building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One's innovative multi-sensor gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic.

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