Zoomd Technologies (Zoomd Technologies) Cash And Cash Equivalents : $2.60 Mil (As of Dec. 2023)

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What is Zoomd Technologies Cash And Cash Equivalents?

Zoomd Technologies's quarterly cash and cash equivalents declined from Jun. 2023 ($2.04 Mil) to Sep. 2023 ($1.46 Mil) but then increased from Sep. 2023 ($1.46 Mil) to Dec. 2023 ($2.60 Mil).

Zoomd Technologies's annual cash and cash equivalents declined from Dec. 2021 ($5.24 Mil) to Dec. 2022 ($3.78 Mil) and declined from Dec. 2022 ($3.78 Mil) to Dec. 2023 ($2.60 Mil).

Zoomd Technologies Cash And Cash Equivalents Historical Data

The historical data trend for Zoomd Technologies'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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Zoomd Technologies Cash And Cash Equivalents Chart

Zoomd Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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5.89

2.57

5.24

3.78

2.60

Zoomd Technologies Quarterly Data
	Jan19	Apr19	Jul19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															3.78	2.67	2.04	1.46	2.60

Zoomd Technologies 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.

Zoomd Technologies (OTCPK:ZMDTF) 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.

Zoomd Technologies Cash And Cash Equivalents Related Terms

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Zoomd Technologies (Zoomd Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zoomd Technologies Ltd (OTCPK:ZMDTF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

3ZD:Germany ZOMD:Canada

Address

333 Bay Street, Suite 3400, Toronto, ON, CAN, V7Y 1B3

Website

https://www.zoomd.com

Zoomd Technologies Ltd has developed a proprietary patented technology that targets the needs of many segments of the digital marketing industry. It focuses on efficient user acquisition for companies and products aimed at mobile users. The Company leverages onsite search providing increased monetization and engagement for publishers as well as more efficient management of digital advertising budgets for media agencies and advertisers, targeting usually mobile app user acquisition.