Cytta (CYCA) Cash And Cash Equivalents : $1.01 Mil (As of Dec. 2024)

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What is Cytta Cash And Cash Equivalents?

Cytta's quarterly cash and cash equivalents declined from Jun. 2024 ($1.72 Mil) to Sep. 2024 ($1.44 Mil) but then stayed the same from Sep. 2024 ($1.44 Mil) to Dec. 2024 ($1.01 Mil).

Cytta's annual cash and cash equivalents declined from Sep. 2022 ($0.76 Mil) to Sep. 2023 ($0.68 Mil) but then increased from Sep. 2023 ($0.68 Mil) to Sep. 2024 ($1.44 Mil).

Cytta Cash And Cash Equivalents Historical Data

The historical data trend for Cytta'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.

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Cytta Cash And Cash Equivalents Chart

Cytta Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Sep20

Sep21

Sep22

Sep23

Sep24

Cash And Cash Equivalents

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0.85

0.17

0.76

0.68

1.44

Cytta Quarterly Data
	Mar14	Jun14	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.39	0.44	1.72	1.44	1.01

Cytta 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.

Cytta (OTCPK:CYCA) 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.

Cytta Cash And Cash Equivalents Related Terms

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Cytta Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cytta Corp (OTCPK:CYCA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

5450 W. Sahara Avenue, Suite 300A, Las Vegas, NV, USA, 89146

Website

https://www.cytta.com

Cytta Corp is engaged in the manufacture, distribution, and marketing of streaming and integrated communication products, using technology based upon the SUPR (Superior Utilization of Processing Resources) video compression codec or algorithm and IGAN (Incident Global Area Network) incident command proprietary software solutions products. Its product includes SUPR Stream and IGAN Fusion. The products of the company are CYTTACOMMS, CYTTACARES and CYTTACOMP.

Executives

Brad Prystupa	director, 10 percent owner, officer: Secretary	710 WEST 16TH AVENUE, VANCOUVER A1 V5Z 1S7
Chad Rutherford	director, 10 percent owner, officer: President, CEO, CFO, Treasurer	710 WEST 16TH AVENUE, VANCOUVER A1 V5Z 1S7