THCT (THC Therapeutics) Beginning Cash Position: $0.00 Mil (As of Jul. 2024)

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What is THC Therapeutics Beginning Cash Position?

THC Therapeutics THCT Beginning Cash Position is $0.00 Mil as of Jul. 2024.

THC Therapeutics's Beginning Cash Position for the quarter that ended in Jul. 2024 was $0.00 Mil.

THC Therapeutics's quarterly Beginning Cash Position increased from Jan. 2024 ($-0.00 Mil) to Apr. 2024 ($0.00 Mil) but then declined from Apr. 2024 ($0.00 Mil) to Jul. 2024 ($0.00 Mil).

THC Therapeutics's annual Beginning Cash Position declined from Jul. 2022 ($0.30 Mil) to Jul. 2023 ($0.00 Mil) but then stayed the same from Jul. 2023 ($0.00 Mil) to Jul. 2024 ($0.00 Mil).

THC Therapeutics Beginning Cash Position Related Terms

THC Therapeutics Beginning Cash Position Historical Data

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The historical data trend for THC Therapeutics'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.

THC Therapeutics Beginning Cash Position Chart

THC Therapeutics Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.04 0.30 0.00 0.00

THC Therapeutics Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.00 0.00 -0.00 0.00 0.00

THC Therapeutics 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 $0.00 Mil mean?
THC Therapeutics (THCT) has a Beginning Cash Position of $0.00 Mil as of Jul. 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 THC Therapeutics and its competitors.
Is THC Therapeutics' Beginning Cash Position too high?
THC Therapeutics' current Beginning Cash Position is $0.00 Mil.
How does THC Therapeutics' Beginning Cash Position compare to ZTS and UTHR?
THC Therapeutics' Beginning Cash Position of $0.00 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Beginning Cash Position depends on the Drug Manufacturers 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 THC Therapeutics and its competitors. THC Therapeutics's current Beginning Cash Position is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THC Therapeutics stock overvalued right now?
THC Therapeutics (THCT) has a current Beginning Cash Position of $0.00 Mil. The current Beginning Cash Position is $0.00 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 THC Therapeutics (THCT), the current Beginning Cash Position is $0.00 Mil as of Jul. 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.

THC Therapeutics Business Description

Address 203 S Church Steet, Jacksboro, TX, USA, 76458
Website https://thct.io
THC Therapeutics Inc is a United States-based company. It is focused on developing a sanitizing herb dryer, the dHydronator, which has been specifically designed for the drying and sanitizing i.e., reducing the bacterial count of freshly harvested cannabis, and other herbs, flowers, and tea leaves. The main function of the dHydronator is to accelerate the drying time of an herb while sanitizing it. The dHydronator can be used to dry a variety of herbs, and it has been specifically tested for use with cannabis.