PeakBirch Commerce (XCNQ:PKB) Cash And Cash Equivalents : C$0.12 Mil (As of Jul. 2022)

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What is PeakBirch Commerce Cash And Cash Equivalents?

PeakBirch Commerce's quarterly cash and cash equivalents declined from Jan. 2022 (C$0.12 Mil) to Apr. 2022 (C$0.10 Mil) but then increased from Apr. 2022 (C$0.10 Mil) to Jul. 2022 (C$0.12 Mil).

PeakBirch Commerce's annual cash and cash equivalents increased from . 20 (C$0.00 Mil) to Oct. 2020 (C$0.31 Mil) but then declined from Oct. 2020 (C$0.31 Mil) to Oct. 2021 (C$0.16 Mil).

PeakBirch Commerce Cash And Cash Equivalents Historical Data

The historical data trend for PeakBirch Commerce'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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PeakBirch Commerce Cash And Cash Equivalents Chart

PeakBirch Commerce Annual Data

Trend

Oct20

Oct21

Cash And Cash Equivalents

0.31

0.16

PeakBirch Commerce Quarterly Data
	Aug19	Aug20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22
Cash And Cash Equivalents	Get a 7-Day Free Trial				0.53	0.16	0.12	0.10	0.12

PeakBirch Commerce 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.

PeakBirch Commerce (XCNQ:PKB) 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.

PeakBirch Commerce Cash And Cash Equivalents Related Terms

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PeakBirch Commerce (XCNQ:PKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PeakBirch Commerce Inc (XCNQ:PKB) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

400, 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6

Website

https://www.peakbirch.com

PeakBirch Commerce Inc is engaged in the distribution of vaporizers and accessories for aromatherapy and other purposes. Its geographical segments include United States, Canada, and United Kingdom .