NextGen Food Robotics (NEOE:NGRB) Cash And Cash Equivalents : C$1.18 Mil (As of Jan. 2024)

View and export this data going back to 2022. Start your Free Trial

What is NextGen Food Robotics Cash And Cash Equivalents?

NextGen Food Robotics's quarterly cash and cash equivalents declined from Jul. 2023 (C$2.58 Mil) to Oct. 2023 (C$2.25 Mil) but then stayed the same from Oct. 2023 (C$2.25 Mil) to Jan. 2024 (C$1.18 Mil).

NextGen Food Robotics's annual cash and cash equivalents increased from . 20 (C$0.00 Mil) to Apr. 2022 (C$2.87 Mil) but then declined from Apr. 2022 (C$2.87 Mil) to Apr. 2023 (C$1.02 Mil).

NextGen Food Robotics Cash And Cash Equivalents Historical Data

The historical data trend for NextGen Food Robotics'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.

NextGen Food Robotics Cash And Cash Equivalents Chart

NextGen Food Robotics Annual Data

Trend

Apr22

Apr23

Cash And Cash Equivalents

2.87

1.02

NextGen Food Robotics Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial						1.27	1.02	2.58	2.25	1.18

NextGen Food Robotics 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.

NextGen Food Robotics (NEOE:NGRB) 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.

NextGen Food Robotics Cash And Cash Equivalents Related Terms

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

NextGen Food Robotics (NEOE:NGRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » NextGen Food Robotics Corp (NEOE:NGRB) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

NGRBF:USA O83:Germany

Address

855 Terminal Avenue, Vancouver, BC, CAN, V6A 2M9

Website

https://www.nextgenai.ca

NextGen Food Robotics Corp is a multi-division food manufacturing operation that offers commissary and ghost kitchens, co-pack and private label contract manufacturing, and in-house production of the Company's plant-based brand. Additionally, Nextgen is developing the Lily app, which is an AI-powered food application. The Company has two operating segments: co-packing and manufacturing operations and commissary kitchen operations in Canada.

NextGen Food Robotics (NEOE:NGRB) Headlines

No Headlines