Banco Actinver (MEX:FSITES20) Beginning Cash Position: MXN6,489 Mil (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:FSITES20 Banco Actinver SA MEX:FSITES20
40 GF Score
Price MXN26.00
View Full Analysis

What is Banco Actinver Beginning Cash Position?

Banco Actinver MEX:FSITES20 40 Beginning Cash Position is MXN6,489 Mil as of Jun. 2024. GuruFocus rates MEX:FSITES20 with a GF Score™ of 40/100.

Banco Actinver's Beginning Cash Position for the quarter that ended in Jun. 2024 was MXN6,489 Mil.

Banco Actinver's quarterly Beginning Cash Position declined from Dec. 2023 (MXN7,710 Mil) to Mar. 2024 (MXN7,631 Mil) and declined from Mar. 2024 (MXN7,631 Mil) to Jun. 2024 (MXN6,489 Mil).

Banco Actinver's annual Beginning Cash Position declined from Dec. 2021 (MXN10,531 Mil) to Dec. 2022 (MXN5,500 Mil) but then increased from Dec. 2022 (MXN5,500 Mil) to Dec. 2023 (MXN10,355 Mil).

Banco Actinver Beginning Cash Position Related Terms

Banco Actinver Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Banco Actinver'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.

Banco Actinver Beginning Cash Position Chart

Banco Actinver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,151.00 3,976.00 10,531.00 5,500.00 10,355.00

Banco Actinver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 13,407.29 7,557.02 7,709.57 7,631.22 6,489.01
MEX:FSITES20
40GF Score
Banco Actinver SA MEX:FSITES20
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Actinver 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 MXN6,489 Mil mean?
Banco Actinver (MEX:FSITES20) has a Beginning Cash Position of MXN6,489 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 Banco Actinver and its competitors.
Is Banco Actinver's Beginning Cash Position too high?
Banco Actinver's current Beginning Cash Position is MXN6,489 Mil. Overall, Banco Actinver has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Banco Actinver's Beginning Cash Position compare to competitors?
Banco Actinver's Beginning Cash Position of MXN6,489 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 Banco Actinver and its competitors. Banco Actinver's current Beginning Cash Position is MXN6,489 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Actinver stock overvalued right now?
Banco Actinver (MEX:FSITES20) has a current Beginning Cash Position of MXN6,489 Mil. The current Beginning Cash Position is MXN6,489 Mil. Banco Actinver's overall GF Score™ is 40/100. 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 Banco Actinver (MEX:FSITES20), the current Beginning Cash Position is MXN6,489 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.

Banco Actinver Business Description

Address Montes Urales No. 620, IV Section, Colonia Lomas de Chapultepec, Mayor's Office Miguel Hidalgo, Mexico City, MEX, 11000
Banco Actinver SA is a provider of investment advisory services in Mexico. The company specializes in wealth management and corporate and private banking. Its products include investment funds, credits, insurance, lease, trust, and asset management. Its segments include Investment fund management, Treasury, and investment banking, Brokerage, Credit and corporate activities, Leasing, and Others.
40GF Score

Get the complete analysis for MEX:FSITES20

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN26.00
Price