ASPI (ASP Isotopes) Cash And Cash Equivalents : $61.89 Mil (As of Dec. 2024)

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What is ASP Isotopes Cash And Cash Equivalents?

ASP Isotopes's quarterly cash and cash equivalents increased from Jun. 2024 ($28.26 Mil) to Sep. 2024 ($51.57 Mil) and increased from Sep. 2024 ($51.57 Mil) to Dec. 2024 ($61.89 Mil).

ASP Isotopes's annual cash and cash equivalents increased from Dec. 2022 ($2.39 Mil) to Dec. 2023 ($7.91 Mil) and increased from Dec. 2023 ($7.91 Mil) to Dec. 2024 ($61.89 Mil).

ASP Isotopes Cash And Cash Equivalents Historical Data

The historical data trend for ASP Isotopes'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.

ASP Isotopes Cash And Cash Equivalents Chart

ASP Isotopes Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

2.95

2.39

7.91

61.89

ASP Isotopes Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial								7.91	23.89	28.26	51.57	61.89

ASP Isotopes 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.

ASP Isotopes (NAS:ASPI) 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.

ASP Isotopes Cash And Cash Equivalents Related Terms

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ASP Isotopes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ASP Isotopes Inc (NAS:ASPI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1101 Pennsylvania Avenue NW, Suite 300, Washington, DC, USA, 20004

Website

https://www.aspisotopes.com

ASP Isotopes Inc is a pre-commercial stage advanced materials company dedicated to the development of technology and processes that, if successful, will allow for the production of isotopes that may be used in several industries. The company utilizes technology developed in South Africa over the past 20 years to enrich isotopes of elements or molecules with low atomic masses.

Executives

Paul Elliot Mann	director, 10 percent owner, officer: Chief Executive Officer	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Robert Ainscow	officer: Chief Financial Officer	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Ak Jensen Investment Management Ltd	10 percent owner	1 CORNHILL, LONDON X0 EC3V 3ND
Todd Wider	director	4848 LEMMON AVENUE, SUITE 517, DALLAS TX 75219
Duncan Moore	director	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Joshua Jay Donfeld	director	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 90210
Sergey Vasnetsov	director	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Einar Ronander	10 percent owner, other: Chief Scientific Adviser	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Hendrik Strydom	director, 10 percent owner	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432