Kaspien Holdings (Kaspien Holdings) Cash And Cash Equivalents : $0.4 Mil (As of Oct. 2023)

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What is Kaspien Holdings Cash And Cash Equivalents?

Kaspien Holdings's quarterly cash and cash equivalents declined from Apr. 2023 ($0.51 Mil) to Jul. 2023 ($0.28 Mil) but then increased from Jul. 2023 ($0.28 Mil) to Oct. 2023 ($0.41 Mil).

Kaspien Holdings's annual cash and cash equivalents declined from Jan. 2021 ($1.81 Mil) to Jan. 2022 ($1.22 Mil) and declined from Jan. 2022 ($1.22 Mil) to Jan. 2023 ($1.13 Mil).

Kaspien Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Kaspien Holdings'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.

Kaspien Holdings Cash And Cash Equivalents Chart

Kaspien Holdings Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Cash And Cash Equivalents

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4.36

2.98

1.81

1.22

1.13

Kaspien Holdings Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.77	1.13	0.51	0.28	0.41

Kaspien Holdings 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.

Kaspien Holdings (OTCPK:KSPN) 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.

Kaspien Holdings Cash And Cash Equivalents Related Terms

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Kaspien Holdings (Kaspien Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kaspien Holdings Inc (OTCPK:KSPN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

TWDA:Germany

Address

2818 N. Sullivan Road, Suite 130, Spokane Valley, WA, USA, 99216

Website

https://www.kaspien.com

Kaspien Holdings Inc is a digital marketplace retailer that partners with companies to expand its brand. It provides a platform of software and services to brands in order to grow their online distribution channels on digital marketplaces such as Amazon, Walmart, and eBay, among others. The company focuses on various categories, including pets and sporting goods, baby, tools / office / outdoor, health & personal care, and home / kitchen. It generates substantially all of its revenue through Amazon Marketplace.

Executives

Tom Simpson	director	38 CORPORATE CIRCLE, ALBANY NY 12203
Mark E Holliday	director	257 SW MARCONI AVENUE, PORTLAND OR 97201
Brock Kowalchuk	officer: Interim Chief Executive Office	PO BOX 462, EAST SCHODACK NY 12063
Kunal Chopra	officer: CEO - etailz	38 CORPORATE CIRCLE, ALBANY NY 12203
Jonathan Anthony Marcus	director	100 PINE STREET, SUITE 2700, SAN FRANCISCO CA 94111
Jeffrey Scott Hastings	director	38 CORPORATE CIRCLE, ALBANY NY 12203
Alimco Financial Corp	other: See Remarks	2336 S.E. OCEAN BOULEVARD SUITE 400, STUART FL 34996
Neil S Subin	10 percent owner	2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Edwin Sapienza	officer: Chief Financial Officer	38 CORPORATE CIRCLE, ALBANY NY 12203
Robert Galvin	director	78 GOLF LANE, RIDGEFIELD CT 06877
Miller Lloyd I Iii	10 percent owner
Robert J Higgins	director, 10 percent owner, officer: Chairman and CEO	C/O TRANS WORLD ENTERTAINMENT CORP, 38 CORPORATE CIRCLE, ALBANY NY 12203
Josh Neblett	officer: CEO, etailz	38 CORPORATE CIRCLE, ALBANY NY 12203
Robert J. Higgins Twmc Trust	10 percent owner	38 CORPORATE CIRCLE, ALBANY NY 12203
Christoph Hoerenz	officer: Chief Digital and Mktg Officer	38 CORPORATE CIRCLE, ALBANY NY 12033