INEO Tech (TSXV:INEO) Cash And Cash Equivalents : C$1.51 Mil (As of Dec. 2024)

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What is INEO Tech Cash And Cash Equivalents?

INEO Tech's quarterly cash and cash equivalents increased from Jun. 2024 (C$0.00 Mil) to Sep. 2024 (C$0.05 Mil) and increased from Sep. 2024 (C$0.05 Mil) to Dec. 2024 (C$1.51 Mil).

INEO Tech's annual cash and cash equivalents declined from Jun. 2022 (C$1.71 Mil) to Jun. 2023 (C$0.36 Mil) and declined from Jun. 2023 (C$0.36 Mil) to Jun. 2024 (C$0.00 Mil).

INEO Tech Cash And Cash Equivalents Historical Data

The historical data trend for INEO Tech'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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INEO Tech Cash And Cash Equivalents Chart

INEO Tech Annual Data

Trend

May11

May12

May17

May18

May19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

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1.25

5.20

1.71

0.36

INEO Tech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.02	0.05	-	0.05	1.51

INEO Tech 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.

INEO Tech (TSXV:INEO) 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.

INEO Tech Cash And Cash Equivalents Related Terms

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INEO Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » INEO Tech Corp (TSXV:INEO) » Definitions » Cash And Cash Equivalents

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INEOF:USA

Address

No 105 - 19130 24th Avenue, Surrey, BC, CAN, V3Z 3S9

Website

https://www.ineosolutionsinc.com

INEO Tech Corp is engaged in operating of the INEO Media Network for retailers, which provides retail analytics and targeted advertising through its cloud-based IoT (Internet of Things) and AI (Artificial Intelligence) technology. The Company operates the INEO Media Network using a SaaS-based model for retail stores. The operating segments of the company are Loss Prevention, Fabrication, Retail Media, and other.

Executives