Shift Technologies (STU:4GI0) Beginning Cash Position: €62.5 Mil (As of Jun. 2023)

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STU:4GI0 Shift Technologies Inc STU:4GI0
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What is Shift Technologies Beginning Cash Position?

Shift Technologies STU:4GI0 10 Beginning Cash Position is €62.5 Mil as of Jun. 2023. GuruFocus rates STU:4GI0 with a GF Score™ of 10/100.

Shift Technologies's Beginning Cash Position for the quarter that ended in Jun. 2023 was €62.5 Mil.

Shift Technologies's quarterly Beginning Cash Position increased from Dec. 2022 (€52.7 Mil) to Mar. 2023 (€100.7 Mil) but then declined from Mar. 2023 (€100.7 Mil) to Jun. 2023 (€62.5 Mil).

Shift Technologies's annual Beginning Cash Position increased from Dec. 2020 (€36.6 Mil) to Dec. 2021 (€208.5 Mil) but then declined from Dec. 2021 (€208.5 Mil) to Dec. 2022 (€183.5 Mil).

Shift Technologies Beginning Cash Position Related Terms

Shift Technologies Beginning Cash Position Historical Data

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The historical data trend for Shift Technologies'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.

Shift Technologies Beginning Cash Position Chart

Shift Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Beginning Cash Position
64.88 36.64 208.46 183.46

Shift Technologies Quarterly Data
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 101.02 101.29 52.72 100.73 62.51
STU:4GI0
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Shift Technologies Inc STU:4GI0
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Shift Technologies 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 €62.5 Mil mean?
Shift Technologies (STU:4GI0) has a Beginning Cash Position of €62.5 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 Shift Technologies and its competitors.
Is Shift Technologies' Beginning Cash Position too high?
Shift Technologies' current Beginning Cash Position is €62.5 Mil. Overall, Shift Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Shift Technologies' Beginning Cash Position compare to PREC and EICCF?
Shift Technologies' Beginning Cash Position of €62.5 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Beginning Cash Position depends on the Vehicles & Parts 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 Shift Technologies and its competitors. Shift Technologies's current Beginning Cash Position is €62.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shift Technologies stock overvalued right now?
Shift Technologies (STU:4GI0) has a current Beginning Cash Position of €62.5 Mil. The current Beginning Cash Position is €62.5 Mil. Shift Technologies' overall GF Score™ is 10/100. 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 Shift Technologies (STU:4GI0), the current Beginning Cash Position is €62.5 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.

Shift Technologies Business Description

Address 290 Division Street, Suite 400, San Francisco, CA, USA, 94103-4893
Shift Technologies Inc is an end-to-end auto e-commerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. The company makes car purchase and ownership simple - making buying or selling a used car fun, fair, and accessible to everyone. It provides comprehensive, digital solutions throughout the car ownership lifecycle: finding the right car, having a test drive , a seamless digitally-driven purchase transaction including financing and vehicle protection products, an efficient, digital trade-in/sale transaction, and a vision to provide high-value support services during car ownership. It operates in two segments: Retail and Wholesale, of which the majority of its revenue comes from Retail.
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