Infinity Stone Ventures (Infinity Stone Ventures) Cash And Cash Equivalents : $0.00 Mil (As of May. 2023)

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What is Infinity Stone Ventures Cash And Cash Equivalents?

Infinity Stone Ventures's quarterly cash and cash equivalents declined from Nov. 2022 ($0.66 Mil) to Feb. 2023 ($0.09 Mil) but then stayed the same from Feb. 2023 ($0.09 Mil) to May. 2023 ($0.00 Mil).

Infinity Stone Ventures's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Aug. 2021 ($0.04 Mil) and increased from Aug. 2021 ($0.04 Mil) to Aug. 2022 ($0.36 Mil).

Infinity Stone Ventures Cash And Cash Equivalents Historical Data

The historical data trend for Infinity Stone Ventures'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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Infinity Stone Ventures Cash And Cash Equivalents Chart

Infinity Stone Ventures Annual Data

Trend

Aug21

Aug22

Cash And Cash Equivalents

0.04

0.36

Infinity Stone Ventures Quarterly Data
	May20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
Cash And Cash Equivalents	Get a 7-Day Free Trial							0.02	0.36	0.66	0.09	-

Infinity Stone Ventures 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.

Infinity Stone Ventures (OTCPK:GEMSF) 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.

Infinity Stone Ventures Cash And Cash Equivalents Related Terms

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Infinity Stone Ventures (Infinity Stone Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infinity Stone Ventures Corp (OTCPK:GEMSF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

B2IA:Germany GEMS:Canada

Address

750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6

Website

https://www.infinitystone.ventures

Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).