Specificity (Specificity) Cash And Cash Equivalents : $0.01 Mil (As of Sep. 2023)

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

What is Specificity Cash And Cash Equivalents?

Specificity's quarterly cash and cash equivalents declined from Mar. 2023 ($0.05 Mil) to Jun. 2023 ($0.01 Mil) but then stayed the same from Jun. 2023 ($0.01 Mil) to Sep. 2023 ($0.01 Mil).

Specificity's annual cash and cash equivalents increased from Dec. 2020 ($0.22 Mil) to Dec. 2021 ($0.64 Mil) but then declined from Dec. 2021 ($0.64 Mil) to Dec. 2022 ($0.02 Mil).

Specificity Cash And Cash Equivalents Historical Data

The historical data trend for Specificity'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.

Specificity Cash And Cash Equivalents Chart

Specificity Annual Data

Trend

Dec20

Dec21

Dec22

Cash And Cash Equivalents

0.22

0.64

0.02

Specificity Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.17	0.02	0.05	0.01	0.01

Specificity 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.

Specificity (OTCPK:SPTY) 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.

Specificity Cash And Cash Equivalents Related Terms

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

Specificity (Specificity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Specificity Inc (OTCPK:SPTY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

410 Ware Boulevard, Suite 508, Tampa, FL, USA, 33619

Website

https://www.specificityinc.com

Specificity Inc is a full-service digital marketing firm that delivers cutting-edge marketing solutions to business to business clients as well as business to consumer clients. The company offers host of marketing services including Email Marketing, Automated Marketing, Retargeting Marketing ,Content Marketing, Social Media Content Creation, Digital Production Marketing, Creating Brand Standard, Logo Creation It builds digital marketing campaigns for all sorts of businesses, small to large, all over the country.

Executives

Jason Allen Wood	director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER	14213 SUNDIAL PL, LAKEWOOD RANCH FL 34202-5894
Kevin Frisbie	director	PO BOX 714, LEWISTON ME 04243
William Mark Anderson	director, officer: CHIEF OPERATING OFFICER	2215 E 4TH AVE, TAMPA FL 33605-5409