SHRG (Sharing Services Global) Beginning Cash Position: $0.58 Mil (As of Sep. 2024)


SHRG Sharing Services Global Corp SHRG
12 GF Score
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What is Sharing Services Global Beginning Cash Position?

Sharing Services Global SHRG 12 Beginning Cash Position is $0.58 Mil as of Sep. 2024. GuruFocus rates SHRG with a GF Score™ of 12/100.

Sharing Services Global's Beginning Cash Position for the quarter that ended in Sep. 2024 was $0.58 Mil.

Sharing Services Global's quarterly Beginning Cash Position declined from Mar. 2024 ($1.21 Mil) to Jun. 2024 ($0.89 Mil) and declined from Jun. 2024 ($0.89 Mil) to Sep. 2024 ($0.58 Mil).

Sharing Services Global's annual Beginning Cash Position increased from Mar. 2022 ($12.14 Mil) to Mar. 2023 ($17.02 Mil) but then declined from Mar. 2023 ($17.02 Mil) to Mar. 2024 ($2.99 Mil).


Sharing Services Global Beginning Cash Position Related Terms


Sharing Services Global Beginning Cash Position Historical Data

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The historical data trend for Sharing Services Global'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.

Sharing Services Global Beginning Cash Position Chart

Sharing Services Global Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Mar21 Mar22 Mar23 Mar24
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.91 11.74 12.14 17.02 2.99

Sharing Services Global Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 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 1.37 1.39 1.21 0.89 0.58
SHRG
12GF Score
Sharing Services Global Corp SHRG
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharing Services Global 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 $0.58 Mil mean?
Sharing Services Global (SHRG) has a Beginning Cash Position of $0.58 Mil as of Sep. 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 Sharing Services Global and its competitors.
Is Sharing Services Global's Beginning Cash Position too high?
Sharing Services Global's current Beginning Cash Position is $0.58 Mil. Overall, Sharing Services Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sharing Services Global's Beginning Cash Position compare to AVRW and JBS?
Sharing Services Global's Beginning Cash Position of $0.58 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Beginning Cash Position depends on the Consumer Packaged Goods 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 Sharing Services Global and its competitors. Sharing Services Global's current Beginning Cash Position is $0.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharing Services Global stock overvalued right now?
Sharing Services Global (SHRG) has a current Beginning Cash Position of $0.58 Mil. The current Beginning Cash Position is $0.58 Mil. Sharing Services Global's overall GF Score™ is 12/100. 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 Sharing Services Global (SHRG), the current Beginning Cash Position is $0.58 Mil as of Sep. 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.

Sharing Services Global Business Description

Address 5200 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024
Sharing Services Global Corp is a diversified holding company specializing in the direct selling industry. The company owns, operates, or controls an interest in various companies that sell products and services to the consumer directly through independent representatives ranging from health and wellness, energy, technology, insurance services, training, media, and travel benefits. Its operating segment includes Sale of health and wellness products and the sale of member-based travel services through an independent sales force. The company derives the maximum revenue from the Health and wellness products segment. Geographically, it generates a majority of its revenue from the United States.
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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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