Electronic Servitor Publication Network (Electronic Servitor Publication Network) Cash, Cash Equivalents, Marketable Securities : $0.03 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Electronic Servitor Publication Network Cash, Cash Equivalents, Marketable Securities?

Electronic Servitor Publication Network's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($0.02 Mil) to Sep. 2023 ($0.08 Mil) but then stayed the same from Sep. 2023 ($0.08 Mil) to Dec. 2023 ($0.03 Mil).

Electronic Servitor Publication Network's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.02 Mil) and increased from Dec. 2022 ($0.02 Mil) to Dec. 2023 ($0.03 Mil).

Electronic Servitor Publication Network Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Electronic Servitor Publication Network'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.

* Premium members only.

Electronic Servitor Publication Network Cash, Cash Equivalents, Marketable Securities Chart

Electronic Servitor Publication Network Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

0.08

0.02

0.03

Electronic Servitor Publication Network Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															0.02	0.01	0.02	0.08	0.03

Electronic Servitor Publication Network 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.

Electronic Servitor Publication Network (OTCPK:XESP) 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.

Electronic Servitor Publication Network Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Electronic Servitor Publication Network's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Electronic Servitor Publication Network (Electronic Servitor Publication Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Electronic Servitor Publication Network Inc (OTCPK:XESP) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 1st Avenue North, Suite 100, Minneapolis, MN, USA, 55401

Website

https://www.xespn.com

Electronic Servitor Publication Network Inc engages companies with the common goal of increasing digital interactions within current and new communities to drive growth. The Company's proprietary technology, the Digital Engagement Engine, utilizes a combination of automation, unique data management, and a modern workflow built on a microservices architecture to achieve greater reach and lift for content providers.

Executives

Laurence Eric Swann	10 percent owner	400 1ST AVE. N., SUITE 100, MINNEAPOLIS MN 55401
Thomas D Spruce	director, officer: President	1962 PORT EDWARD PLACE, NEWPORT BEACH CA 92660
Anthony Sanneh	director, officer: CEO, CFO, Secretary	1511 GRAND AVE UNIT 21, SAINT PAUL MN 55105
Peter Martin Hager	10 percent owner	5115 WOODLANE ALCOVE, WOODBURY MN 55129
Jonathan Todd Sweetser	director, 10 percent owner, officer: CEO, CFO, Secretary	175 RAVENNA WAY, EL DORADO HILLS CA 95762
Mark Anthony Palumbo	director, 10 percent owner, officer: CEO, Secretary & Treasurer	1548 LOCH NESS DRIVE, FALLBROOK CA 92028
Marla Palumbo	10 percent owner	1548 LOCH NESS DR., FALLBROOK CA 92028
James M Cassidy	director, 10 percent owner, officer: president, secretary	215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop	director, 10 percent owner, officer: Vice President	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212