My Size (XTAE:MYSZ) Cash And Cash Equivalents : ₪12.07 Mil (As of Jun. 2024)

View and export this data going back to 2001. Start your Free Trial

What is My Size Cash And Cash Equivalents?

My Size's quarterly cash and cash equivalents declined from Dec. 2023 (₪8.25 Mil) to Mar. 2024 (₪4.28 Mil) but then increased from Mar. 2024 (₪4.28 Mil) to Jun. 2024 (₪12.07 Mil).

My Size's annual cash and cash equivalents declined from Dec. 2021 (₪40.24 Mil) to Dec. 2022 (₪7.92 Mil) but then increased from Dec. 2022 (₪7.92 Mil) to Dec. 2023 (₪8.25 Mil).

My Size Cash And Cash Equivalents Historical Data

The historical data trend for My Size'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.

* Premium members only.

My Size Cash And Cash Equivalents Chart

My Size Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

4.54

6.37

40.24

7.92

8.25

My Size Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															4.25	13.93	8.25	4.28	12.07

My Size 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.

My Size (XTAE:MYSZ) 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.

My Size Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of My Size's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

My Size Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » My Size Inc (XTAE:MYSZ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MYSZ:USA

Address

4 HAYARDEN Street, POB 1026, Airport City, ISR, 7010000

Website

https://www.mysizeid.com

My Size Inc is a us-based technology company that focuses on the development of an application that assists the consumer to accurately take the measurements of his or her own body to fit clothing in the best way possible without the need to try them on using a smartphone. The purpose of the company's business is to simplify the process of clothing acquisition through the Internet and to significantly reduce the rate of returns of clothing which were acquired through the internet and which are returned to the stores because of ill-fitting. The company generates its revenue through selling products to customers, and licensing cloud-enabled software subscriptions, associated software maintenance and support.