Dynamite Blockchain (XCNQ:KAS) Cash And Cash Equivalents : C$0.01 Mil (As of Oct. 2024)

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What is Dynamite Blockchain Cash And Cash Equivalents?

Dynamite Blockchain's quarterly cash and cash equivalents increased from Apr. 2024 (C$0.00 Mil) to Jul. 2024 (C$0.01 Mil) and increased from Jul. 2024 (C$0.01 Mil) to Oct. 2024 (C$0.01 Mil).

Dynamite Blockchain's annual cash and cash equivalents declined from Jan. 2022 (C$1.00 Mil) to Jan. 2023 (C$0.02 Mil) and declined from Jan. 2023 (C$0.02 Mil) to Jan. 2024 (C$0.00 Mil).

Dynamite Blockchain Cash And Cash Equivalents Historical Data

The historical data trend for Dynamite Blockchain'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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Dynamite Blockchain Cash And Cash Equivalents Chart

Dynamite Blockchain Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash And Cash Equivalents

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0.15

0.44

1.00

0.02

Dynamite Blockchain Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	-	-	0.01	0.01

Dynamite Blockchain 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.

Dynamite Blockchain (XCNQ:KAS) 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.

Dynamite Blockchain Cash And Cash Equivalents Related Terms

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Dynamite Blockchain Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dynamite Blockchain Corp (XCNQ:KAS) » Definitions » Cash And Cash Equivalents

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CRYBF:USA EVB:Germany

Address

1055 West Georgia St, Suite 2400, Vancouver, BC, CAN, V6E 3P3

Website

https://www.dynamiteblock.com

Dynamite Blockchain Corp is focused on building a blockchain ecosystem focused on Kaspa. Kaspa is a cryptocurrency and blockchain network that distinguishes itself with its algorithm and focus on scalability. It aims to overcome some of the limitations faced by earlier cryptocurrencies like Bitcoin and Ethereum, particularly in terms of speed of scalability.

Executives

Daymak Inc.	10% Security Holder
Maryam Amin Shanjani	Senior Officer

Dynamite Blockchain Headlines

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