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DVNCF (Danavation Technologies) Cash And Cash Equivalents : $0.00 Mil (As of Jan. 2024)


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What is Danavation Technologies Cash And Cash Equivalents?

Danavation Technologies's quarterly cash and cash equivalents increased from Jul. 2023 ($0.01 Mil) to Oct. 2023 ($0.03 Mil) but then stayed the same from Oct. 2023 ($0.03 Mil) to Jan. 2024 ($0.00 Mil).

Danavation Technologies's annual cash and cash equivalents increased from Jul. 2021 ($0.01 Mil) to Jul. 2022 ($0.01 Mil) and increased from Jul. 2022 ($0.01 Mil) to Jul. 2023 ($0.01 Mil).

Danavation Technologies Cash And Cash Equivalents Historical Data

The historical data trend for Danavation Technologies'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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Danavation Technologies Cash And Cash Equivalents Chart

Danavation Technologies Annual Data
Trend Dec19 Jul20 Jul21 Jul22 Jul23
Cash And Cash Equivalents
- 0.52 0.01 0.01 0.01

Danavation Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cash And Cash Equivalents 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 0.02 0.08 0.01 0.03 -

Danavation Technologies 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.

Danavation Technologies  (OTCPK:DVNCF) 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.

Danavation Technologies Cash And Cash Equivalents Related Terms

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Danavation Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Danavation Technologies Corp (OTCPK:DVNCF) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
N/A
Address
21 Roybridge Gate, Woodbridge, Vaughan, ON, CAN, L4H 1E6
Website
https://www.danavation.com
Danavation Technologies Corp is an internet of things(IoT) technology company, that provides micro e-paper displays to organizations across North America. The company's Digital Smart Labels, powered by IoT automation technology and software Platform-as-a-Service, enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labour costs and low productivity associated with traditional labour-intensive workflows. The primary revenue streams are; Hardware, Installation and configuration and Software agreements.