FAASF (DigiAsia) Beginning Cash Position: $5.02 Mil (As of Jun. 2024)

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What is DigiAsia Beginning Cash Position?

DigiAsia FAASF -43.44% Beginning Cash Position is $5.02 Mil as of Jun. 2024.

DigiAsia's Beginning Cash Position for the quarter that ended in Jun. 2024 was $5.02 Mil.

DigiAsia's quarterly Beginning Cash Position declined from Dec. 2022 ($2.25 Mil) to Jun. 2023 ($1.88 Mil) but then increased from Jun. 2023 ($1.88 Mil) to Jun. 2024 ($5.02 Mil).

DigiAsia's annual Beginning Cash Position increased from . 20 ($0.00 Mil) to Dec. 2021 ($0.80 Mil) and increased from Dec. 2021 ($0.80 Mil) to Dec. 2022 ($1.69 Mil).

DigiAsia Beginning Cash Position Related Terms

DigiAsia Beginning Cash Position Historical Data

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The historical data trend for DigiAsia'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.

DigiAsia Beginning Cash Position Chart

DigiAsia Annual Data
Trend Dec21 Dec22
Beginning Cash Position
0.80 1.69

DigiAsia Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Jun24
Beginning Cash Position 0.00 1.69 2.25 1.88 5.02

DigiAsia 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 $5.02 Mil mean?
DigiAsia (FAASF) has a Beginning Cash Position of $5.02 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 DigiAsia and its competitors.
Is DigiAsia's Beginning Cash Position too high?
DigiAsia's current Beginning Cash Position is $5.02 Mil.
How does DigiAsia's Beginning Cash Position compare to DTSS and BNAI?
DigiAsia's Beginning Cash Position of $5.02 Mil can be compared against companies in the Software 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 Software company?
A good Beginning Cash Position depends on the Software 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 DigiAsia and its competitors. DigiAsia's current Beginning Cash Position is $5.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DigiAsia stock overvalued right now?
DigiAsia (FAASF) has a current Beginning Cash Position of $5.02 Mil. The current Beginning Cash Position is $5.02 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 DigiAsia (FAASF), the current Beginning Cash Position is $5.02 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.

DigiAsia Business Description

Address One Raffles Place, No. 28-02, Singapore, SGP, 048616
DigiAsia Corp operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.