Genetic Technologies (ASX:GTG) Beginning Cash Position: A$1.78 Mil (As of Jun. 2024)

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What is Genetic Technologies Beginning Cash Position?

Genetic Technologies ASX:GTG Beginning Cash Position is A$1.78 Mil as of Jun. 2024.

Genetic Technologies's Beginning Cash Position for the quarter that ended in Jun. 2024 was A$1.78 Mil.

Genetic Technologies's quarterly Beginning Cash Position declined from Dec. 2023 (A$4.90 Mil) to Mar. 2024 (A$3.73 Mil) and declined from Mar. 2024 (A$3.73 Mil) to Jun. 2024 (A$1.78 Mil).

Genetic Technologies's annual Beginning Cash Position declined from Jun. 2022 (A$20.90 Mil) to Jun. 2023 (A$11.73 Mil) and declined from Jun. 2023 (A$11.73 Mil) to Jun. 2024 (A$7.85 Mil).

Genetic Technologies Beginning Cash Position Related Terms

Genetic Technologies Beginning Cash Position Historical Data

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The historical data trend for Genetic Technologies'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.

Genetic Technologies Beginning Cash Position Chart

Genetic Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 14.21 20.90 11.73 7.85

Genetic Technologies Quarterly Data
Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.85 4.90 3.73 1.78 1.02

Genetic Technologies 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 A$1.78 Mil mean?
Genetic Technologies (ASX:GTG) has a Beginning Cash Position of A$1.78 Mil as of Jun. 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 Genetic Technologies and its competitors.
Is Genetic Technologies' Beginning Cash Position too high?
Genetic Technologies' current Beginning Cash Position is A$1.78 Mil.
How does Genetic Technologies' Beginning Cash Position compare to LDDD and NOTV?
Genetic Technologies' Beginning Cash Position of A$1.78 Mil can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?
A good Beginning Cash Position depends on the Medical Diagnostics & Research 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 Genetic Technologies and its competitors. Genetic Technologies's current Beginning Cash Position is A$1.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genetic Technologies stock overvalued right now?
Genetic Technologies (ASX:GTG) has a current Beginning Cash Position of A$1.78 Mil. The current Beginning Cash Position is A$1.78 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 Genetic Technologies (ASX:GTG), the current Beginning Cash Position is A$1.78 Mil as of Jun. 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.

Genetic Technologies Business Description

Address 60-66 Hanover Street, Fitzroy, Melbourne, VIC, AUS, 3065
Genetic Technologies Ltd is an Australia-based molecular diagnostics company that offers predictive testing and assessment tools to help physicians proactively manage women's health. The company has developed BREVAGenplus which is a clinically validated risk assessment test for non-hereditary breast cancer. It also provides genetic testing services including medical testing, animal testing, forensic testing, and plant testing. The company markets BREVAGenplus to healthcare professionals in breast healthcare and imaging centers, as well as to obstetricians/ gynecologists (OBGYNs) and breast cancer risk assessment specialists. The majority of the company's revenue is generated from Australia and the United States. The group has two operating segments: EasyDNA and GeneType/Corporate.