ALID (Allied) Beginning Cash Position: $0.36 Mil (As of Nov. 2024)


What is Allied Beginning Cash Position?

Allied ALID -99.80% Beginning Cash Position is $0.36 Mil as of Nov. 2024.

Allied's Beginning Cash Position for the quarter that ended in Nov. 2024 was $0.36 Mil.

Allied's quarterly Beginning Cash Position declined from May. 2024 ($0.10 Mil) to Aug. 2024 ($0.09 Mil) but then increased from Aug. 2024 ($0.09 Mil) to Nov. 2024 ($0.36 Mil).

Allied's annual Beginning Cash Position declined from Aug. 2022 ($0.42 Mil) to Aug. 2023 ($0.10 Mil) but then increased from Aug. 2023 ($0.10 Mil) to Aug. 2024 ($0.21 Mil).


Allied Beginning Cash Position Related Terms


Allied Beginning Cash Position Historical Data

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The historical data trend for Allied'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.

Allied Beginning Cash Position Chart

Allied Annual Data
Trend Mar18 Mar19 Aug20 Aug21 Aug22 Aug23 Aug24
Beginning Cash Position
Get a 7-Day Free Trial 1.08 0.09 0.42 0.10 0.21

Allied Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.04 0.10 0.09 0.36

Allied 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 $0.36 Mil mean?
Allied (ALID) has a Beginning Cash Position of $0.36 Mil as of Nov. 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 Allied and its competitors.
Is Allied's Beginning Cash Position too high?
Allied's current Beginning Cash Position is $0.36 Mil.
How does Allied's Beginning Cash Position compare to CBDY and PLSH?
Allied's Beginning Cash Position of $0.36 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Beginning Cash Position depends on the Drug Manufacturers 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 Allied and its competitors. Allied's current Beginning Cash Position is $0.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied stock overvalued right now?
Allied (ALID) has a current Beginning Cash Position of $0.36 Mil. The current Beginning Cash Position is $0.36 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 Allied (ALID), the current Beginning Cash Position is $0.36 Mil as of Nov. 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.

Allied Business Description

Address 460 Doyle Avenue, Suite 200, Kelowna, BC, CAN, V1Y OC2
Allied Corp is an international cannabis company with a mission to help people suffering from Post-Traumatic Stress Disorder (PTSD) by researching, creating, and producing targeted cannabinoid health solutions. The company uses an evidence-informed scientific approach to make this mission possible through cutting-edge pharmaceutical research and development, plant-based production, and the development of therapeutic products. The company operates in two segments, which include Allied and Allied Colombia. Its geographical segments consist of Colombia and Canada. The company's revenue is comprised of sales of cannabis products.