RKFL (RocketFuel Blockchain) Beginning Cash Position: $0.42 Mil (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
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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.
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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.

What is RocketFuel Blockchain Beginning Cash Position?

RocketFuel Blockchain RKFL +450.00% Beginning Cash Position is $0.42 Mil as of Jun. 2023.

RocketFuel Blockchain's Beginning Cash Position for the quarter that ended in Jun. 2023 was $0.42 Mil.

RocketFuel Blockchain's quarterly Beginning Cash Position increased from Dec. 2022 ($0.64 Mil) to Mar. 2023 ($0.89 Mil) but then declined from Mar. 2023 ($0.89 Mil) to Jun. 2023 ($0.42 Mil).

RocketFuel Blockchain's annual Beginning Cash Position increased from Mar. 2021 ($0.01 Mil) to Mar. 2022 ($0.80 Mil) and increased from Mar. 2022 ($0.80 Mil) to Mar. 2023 ($2.64 Mil).

RocketFuel Blockchain Beginning Cash Position Related Terms

RocketFuel Blockchain Beginning Cash Position Historical Data

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The historical data trend for RocketFuel Blockchain'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.

RocketFuel Blockchain Beginning Cash Position Chart

RocketFuel Blockchain Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.02 0.01 0.80 2.64

RocketFuel Blockchain Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2.64 1.49 0.64 0.89 0.42

RocketFuel Blockchain 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 $0.42 Mil mean?
RocketFuel Blockchain (RKFL) has a Beginning Cash Position of $0.42 Mil as of Jun. 2023. 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 RocketFuel Blockchain and its competitors.
Is RocketFuel Blockchain's Beginning Cash Position too high?
RocketFuel Blockchain's current Beginning Cash Position is $0.42 Mil.
How does RocketFuel Blockchain's Beginning Cash Position compare to FFZY and ATDS?
RocketFuel Blockchain's Beginning Cash Position of $0.42 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 RocketFuel Blockchain and its competitors. RocketFuel Blockchain's current Beginning Cash Position is $0.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RocketFuel Blockchain stock overvalued right now?
RocketFuel Blockchain (RKFL) has a current Beginning Cash Position of $0.42 Mil. The current Beginning Cash Position is $0.42 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 RocketFuel Blockchain (RKFL), the current Beginning Cash Position is $0.42 Mil as of Jun. 2023. 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.

RocketFuel Blockchain Business Description

Address 201 Spear Street, Suite 1100, San Francisco, CA, USA, 94105
RocketFuel Blockchain Inc is a development-stage company that is in the process of developing check-out systems based upon blockchain technology and designed to increase speed, security, and ease of use. The company's blockchain-based check-out solution is being designed to include a single-click functionality to invoke payment conveyance with integrated consumer shipping address data. The provide payment solutions to businesses enabling them to make and receive payments with cryptocurrencies and via bank transfers, including ACH.