Liberty Defense Holdings (TSXV:SCAN) Cash And Cash Equivalents : C$1.64 Mil (As of Dec. 2024)

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What is Liberty Defense Holdings Cash And Cash Equivalents?

Liberty Defense Holdings's quarterly cash and cash equivalents increased from Jun. 2024 (C$0.24 Mil) to Sep. 2024 (C$0.53 Mil) and increased from Sep. 2024 (C$0.53 Mil) to Dec. 2024 (C$1.64 Mil).

Liberty Defense Holdings's annual cash and cash equivalents declined from Dec. 2022 (C$0.92 Mil) to Dec. 2023 (C$0.00 Mil) but then increased from Dec. 2023 (C$0.00 Mil) to Dec. 2024 (C$1.64 Mil).

Liberty Defense Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Liberty Defense Holdings'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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Liberty Defense Holdings Cash And Cash Equivalents Chart

Liberty Defense Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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0.07

1.72

0.92

1.64

Liberty Defense Holdings 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															-	0.54	0.24	0.53	1.64

Liberty Defense Holdings 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.

Liberty Defense Holdings (TSXV:SCAN) 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.

Liberty Defense Holdings Cash And Cash Equivalents Related Terms

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Liberty Defense Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Liberty Defense Holdings Ltd (TSXV:SCAN) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

LDDFF:USA E30:Germany

Address

187 Ballardvale Street, Suite 110, Wilmington, MA, USA, 01887

Website

https://www.libertydefense.com

Liberty Defense Holdings Ltd provides multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security, such as airports, stadiums, schools, and more. The company's Hexwave product utilizes millimeter wave technology and advanced 3D imaging to detect concealed threats. In addition to HEXWAVE, the company has licensed High-Definition Advanced Imaging Technology (HD-AIT) for body and shoe scanning. The Company operates through three distinct segments: Corporate, HEXWAVE, and Contract. The company generates the majority of its revenue from the Contract segment. Geographically, the company generates the majority of its revenue from the United States.

Executives

Daryl Rebeck	Senior Officer
William Frain	Director, Senior Officer

Liberty Defense Holdings Headlines

From GuruFocus

Liberty Defense (SCAN) Strengthens Advisory Board with Strategic Appointment

By GuruFocus News • 04-08-2025