AAGR (African Agriculture Holdings) Beginning Cash Position: $2.79 Mil (As of Mar. 2024)

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What is African Agriculture Holdings Beginning Cash Position?

African Agriculture Holdings AAGR Beginning Cash Position is $2.79 Mil as of Mar. 2024.

African Agriculture Holdings's Beginning Cash Position for the quarter that ended in Mar. 2024 was $2.79 Mil.

African Agriculture Holdings's quarterly Beginning Cash Position increased from Sep. 2023 ($-0.00 Mil) to Dec. 2023 ($0.00 Mil) and increased from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($2.79 Mil).

African Agriculture Holdings's annual Beginning Cash Position declined from Dec. 2021 ($0.09 Mil) to Dec. 2022 ($0.02 Mil) and declined from Dec. 2022 ($0.02 Mil) to Dec. 2023 ($0.01 Mil).

African Agriculture Holdings Beginning Cash Position Related Terms

African Agriculture Holdings Beginning Cash Position Historical Data

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The historical data trend for African Agriculture Holdings's Beginning Cash Position 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.

African Agriculture Holdings Beginning Cash Position Chart

African Agriculture Holdings Annual Data
Trend Dec21 Dec22 Dec23
Beginning Cash Position
0.09 0.02 0.01

African Agriculture Holdings Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only 0.01 0.00 -0.00 0.00 2.79

African Agriculture Holdings Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $2.79 Mil mean?
African Agriculture Holdings (AAGR) has a Beginning Cash Position of $2.79 Mil as of Mar. 2024. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on African Agriculture Holdings and its competitors.
Is African Agriculture Holdings' Beginning Cash Position too high?
African Agriculture Holdings' current Beginning Cash Position is $2.79 Mil.
How does African Agriculture Holdings' Beginning Cash Position compare to SHMP and AGRI?
African Agriculture Holdings' Beginning Cash Position of $2.79 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Consumer Packaged Goods company?
A good Beginning Cash Position depends on the Consumer Packaged Goods industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on African Agriculture Holdings and its competitors. African Agriculture Holdings's current Beginning Cash Position is $2.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Agriculture Holdings stock overvalued right now?
African Agriculture Holdings (AAGR) has a current Beginning Cash Position of $2.79 Mil. The current Beginning Cash Position is $2.79 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For African Agriculture Holdings (AAGR), the current Beginning Cash Position is $2.79 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

African Agriculture Holdings Business Description

Address 445 Park Avenue, Ninth Floor, New York, NY, USA, 10022
African Agriculture Holdings Inc is a holding company that operates principally through its wholly-owned subsidiary, which is developing the company's initial commercial farming business based in northern Senegal focusing on the production and sale of alfalfa for cattle feed and nutrition purposes. The company will sell alfalfa to owners and suppliers of cattle for feed and nutritional purposes in Senegal and the surrounding regions in Africa, the Economic Community of West African States (ECOWAS) region and the Middle East.