Phoenix Digital Assets (AQSE:PNIX) Beginning Cash Position: £0.70 Mil (As of Dec. 2024)

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What is Phoenix Digital Assets Beginning Cash Position?

Phoenix Digital Assets AQSE:PNIX Beginning Cash Position is £0.70 Mil as of Dec. 2024. The stock has 2 warning signs investors should review.

Phoenix Digital Assets's Beginning Cash Position for the quarter that ended in Dec. 2024 was £0.70 Mil.

Phoenix Digital Assets's quarterly Beginning Cash Position declined from Dec. 2022 (£21.90 Mil) to Dec. 2023 (£5.85 Mil) and declined from Dec. 2023 (£5.85 Mil) to Dec. 2024 (£0.70 Mil).

Phoenix Digital Assets's annual Beginning Cash Position declined from Dec. 2022 (£21.90 Mil) to Dec. 2023 (£5.85 Mil) and declined from Dec. 2023 (£5.85 Mil) to Dec. 2024 (£0.70 Mil).

Phoenix Digital Assets Beginning Cash Position Related Terms

Phoenix Digital Assets Beginning Cash Position Historical Data

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The historical data trend for Phoenix Digital Assets'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.

Phoenix Digital Assets Beginning Cash Position Chart

Phoenix Digital Assets Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Beginning Cash Position
0.05 21.90 5.85 0.70

Phoenix Digital Assets Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Beginning Cash Position 0.05 21.90 5.85 0.70

Phoenix Digital Assets 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 £0.70 Mil mean?
Phoenix Digital Assets (AQSE:PNIX) has a Beginning Cash Position of £0.70 Mil as of Dec. 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 Phoenix Digital Assets and its competitors.
Is Phoenix Digital Assets' Beginning Cash Position too high?
Phoenix Digital Assets' current Beginning Cash Position is £0.70 Mil.
How does Phoenix Digital Assets' Beginning Cash Position compare to BLK and BX?
Phoenix Digital Assets' Beginning Cash Position of £0.70 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Beginning Cash Position depends on the Asset Management 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 Phoenix Digital Assets and its competitors. Phoenix Digital Assets's current Beginning Cash Position is £0.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Digital Assets stock overvalued right now?
Phoenix Digital Assets (AQSE:PNIX) has a current Beginning Cash Position of £0.70 Mil. The current Beginning Cash Position is £0.70 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 Phoenix Digital Assets (AQSE:PNIX), the current Beginning Cash Position is £0.70 Mil as of Dec. 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.

Phoenix Digital Assets Business Description

Address 16 Great Queen Street, 9th Floor, London, GBR, WC2B 5DG
Phoenix Digital Assets PLC is a fund specializing in the market for digital assets. The company invests in a diversified portfolio of cryptocurrency assets, and/or in companies or funds which have exposure to blockchain technology.