Nuran Wireless (XCNQ:NUR) Cash And Cash Equivalents : C$0.17 Mil (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Nuran Wireless Cash And Cash Equivalents?

Nuran Wireless's quarterly cash and cash equivalents increased from Mar. 2023 (C$0.03 Mil) to Sep. 2023 (C$0.16 Mil) and increased from Sep. 2023 (C$0.16 Mil) to Dec. 2023 (C$0.17 Mil).

Nuran Wireless's annual cash and cash equivalents increased from Oct. 2020 (C$0.06 Mil) to Dec. 2022 (C$0.18 Mil) but then declined from Dec. 2022 (C$0.18 Mil) to Dec. 2023 (C$0.17 Mil).

Nuran Wireless Cash And Cash Equivalents Historical Data

The historical data trend for Nuran Wireless'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.

Nuran Wireless Cash And Cash Equivalents Chart

Nuran Wireless Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.22

0.51

0.06

0.18

0.17

Nuran Wireless Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.07	0.18	0.03	0.16	0.17

Nuran Wireless 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.

Nuran Wireless (XCNQ:NUR) 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.

Nuran Wireless Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Nuran Wireless's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuran Wireless (XCNQ:NUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuran Wireless Inc (XCNQ:NUR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

NRRWF:USA 1RNA:Germany

Address

2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3

Website

https://www.nuranwireless.com

Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.

Nuran Wireless (XCNQ:NUR) Headlines

No Headlines