PXHI (PhoneX Holdings) Beginning Cash Position: $3.98 Mil (As of Dec. 2018)

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What is PhoneX Holdings Beginning Cash Position?

PhoneX Holdings PXHI Beginning Cash Position is $3.98 Mil as of Dec. 2018.

PhoneX Holdings's Beginning Cash Position for the quarter that ended in Dec. 2018 was $3.98 Mil.

PhoneX Holdings's quarterly Beginning Cash Position declined from Jun. 2018 ($3.56 Mil) to Sep. 2018 ($2.45 Mil) but then increased from Sep. 2018 ($2.45 Mil) to Dec. 2018 ($3.98 Mil).

PhoneX Holdings's annual Beginning Cash Position increased from Dec. 2016 ($1.05 Mil) to Dec. 2017 ($2.64 Mil) but then declined from Dec. 2017 ($2.64 Mil) to Dec. 2018 ($1.33 Mil).

PhoneX Holdings Beginning Cash Position Related Terms

PhoneX Holdings Beginning Cash Position Historical Data

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The historical data trend for PhoneX Holdings'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.

PhoneX Holdings Beginning Cash Position Chart

PhoneX Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 2.42 1.05 2.64 1.33

PhoneX Holdings Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 3.92 1.33 3.56 2.45 3.98

PhoneX Holdings 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 $3.98 Mil mean?
PhoneX Holdings (PXHI) has a Beginning Cash Position of $3.98 Mil as of Dec. 2018. 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 PhoneX Holdings and its competitors.
Is PhoneX Holdings' Beginning Cash Position too high?
PhoneX Holdings' current Beginning Cash Position is $3.98 Mil.
How does PhoneX Holdings' Beginning Cash Position compare to SMKC and TKAT?
PhoneX Holdings' Beginning Cash Position of $3.98 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Beginning Cash Position depends on the Retail - Cyclical 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 PhoneX Holdings and its competitors. PhoneX Holdings's current Beginning Cash Position is $3.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhoneX Holdings stock overvalued right now?
PhoneX Holdings (PXHI) has a current Beginning Cash Position of $3.98 Mil. The current Beginning Cash Position is $3.98 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 PhoneX Holdings (PXHI), the current Beginning Cash Position is $3.98 Mil as of Dec. 2018. 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.

PhoneX Holdings Business Description

Address 1422 South Tryon Street, Suite 02-123, Charlotte, NC, USA, 28203
PhoneX Holdings Inc is building the dominant cloud-based, software-as-a-service solution for the wholesale exchange of pre-owned mobile devices. The company works with mobile carriers and mobile handset distributors to facilitate commerce related to pre-owned mobile devices. It operates two distinct models Proprietary Trading Model, through which it purchases devices utilizing its balance sheet via its subsidiary Sell Cellular LLC, and the Platform Partnership Model, through which it enables its partners to license its software via its subsidiary. It generates revenue by licensing its software as a service to third parties.