AIRO Group (AIRO Group) Cash And Cash Equivalents : $2.77 Mil (As of Jun. 2023)

View and export this data going back to 2050. Start your Free Trial

What is AIRO Group Cash And Cash Equivalents?

AIRO Group's quarterly cash and cash equivalents increased from Dec. 2022 ($0.61 Mil) to Mar. 2023 ($0.93 Mil) and increased from Mar. 2023 ($0.93 Mil) to Jun. 2023 ($2.77 Mil).

AIRO Group's annual cash and cash equivalents increased from Dec. 2021 ($0.01 Mil) to Dec. 2022 ($0.61 Mil) and increased from Dec. 2022 ($0.61 Mil) to Dec. 2023 ($4.12 Mil).

AIRO Group Cash And Cash Equivalents Historical Data

The historical data trend for AIRO Group's Cash And Cash Equivalents 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.

* Premium members only.

AIRO Group Cash And Cash Equivalents Chart

AIRO Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.08

0.01

0.61

4.12

AIRO Group Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial					1.34	0.61	0.93	2.77	4.12

AIRO Group Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

AIRO Group (NAS:AIRO) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

AIRO Group Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of AIRO Group's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

AIRO Group (AIRO Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AIRO Group Inc (NAS:AIRO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

5001 Indian School Road NE, Suite 100, Albuquerque, NM, USA, 87110

Website

https://www.theairogroup.com

AIRO Group Holdings Inc is a multi-faceted air mobility, autonomy & aerospace platform with differentiated technologies and capabilities dynamically addressing high-growth market trends across the entire Drone Ecosystem with a compelling range of drone technologies & services, avionics and defense training. AIRO provides a diversified product portfolio, ranging from established and mature product offerings to innovative drone and eVTOL solutions, with a balanced customer mix, both military and civil. Its wholly-owned subsidiaries are organized across four complimentary strategic divisions, each with a diverse set of partners and customers and each representing a large and fast-growing market segment: Advanced Avionics; Training; Uncrewed Air Systems; and Electric Air Mobility.

AIRO Group (AIRO Group) Headlines

From GuruFocus

Airspan Networks Moves to Swiftly Slash Debt Post-SPAC Setback

By GuruFocus Research • 04-02-2024