Arway (XCNQ:ARWY) Cash And Cash Equivalents : C$0.03 Mil (As of Feb. 2024)

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What is Arway Cash And Cash Equivalents?

Arway's quarterly cash and cash equivalents declined from Aug. 2023 (C$0.28 Mil) to Nov. 2023 (C$0.08 Mil) but then stayed the same from Nov. 2023 (C$0.08 Mil) to Feb. 2024 (C$0.03 Mil).

Arway's annual cash and cash equivalents stayed the same from . 20 (C$0.00 Mil) to Aug. 2022 (C$0.00 Mil) but then increased from Aug. 2022 (C$0.00 Mil) to Aug. 2023 (C$0.28 Mil).

Arway Cash And Cash Equivalents Historical Data

The historical data trend for Arway'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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Arway Cash And Cash Equivalents Chart

Arway Annual Data

Trend

Aug22

Aug23

Cash And Cash Equivalents

0.28

Arway Quarterly Data
	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.96	0.51	0.28	0.08	0.03

Arway 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.

Arway (XCNQ:ARWY) 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.

Arway Cash And Cash Equivalents Related Terms

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Arway (XCNQ:ARWY) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ARWYF:USA E65:Germany

Address

Toronto Rpo Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://www.arway.ai

Arway Corp is s an AI-powered augmented reality experience platform for indoor spaces. The platform allows users to easily create experiences for navigation, tours, information sharing, notifications, advertising, and gamification. It creates immersive AR experiences using its web-based studio and brings them to life through smartphones.

Executives

Evan Gappelberg

Director

Arway (XCNQ:ARWY) Headlines

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