Trex Acquisition (Trex Acquisition) Cash And Cash Equivalents : $0.00 Mil (As of Dec. 2023)

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What is Trex Acquisition Cash And Cash Equivalents?

Trex Acquisition's quarterly cash and cash equivalents declined from Jun. 2023 ($0.02 Mil) to Sep. 2023 ($0.00 Mil) but then increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.00 Mil).

Trex Acquisition's annual cash and cash equivalents stayed the same from Jun. 2021 ($0.00 Mil) to Jun. 2022 ($0.00 Mil) but then increased from Jun. 2022 ($0.00 Mil) to Jun. 2023 ($0.02 Mil).

Trex Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Trex Acquisition'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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Trex Acquisition Cash And Cash Equivalents Chart

Trex Acquisition Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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0.02

Trex Acquisition Quarterly Data
	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.03	-	0.02	-	-

Trex Acquisition 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.

Trex Acquisition (OTCPK:TRXA) 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.

Trex Acquisition Cash And Cash Equivalents Related Terms

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Trex Acquisition (Trex Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trex Acquisition Corp (OTCPK:TRXA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

7301 NW 4th Street, Suite 102, Plantation, FL, USA, 33317

Website

Trex Acquisition Corp is a development stage company.

Executives

Warren Gilbert

director, 10 percent owner, officer: President/CEO

1800 NE 114TH STREET, UNIT 2110, MIAMI FL 33181

Trex Acquisition (Trex Acquisition) Headlines

From GuruFocus

TREX ACQUISITION CORP ANNOUNCES NEW BUSINESS VENTURE

By PRNewswire PRNewswire • 03-10-2022