BTQ Technologies (BTQ Technologies) Cash, Cash Equivalents, Marketable Securities : $1.35 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is BTQ Technologies Cash, Cash Equivalents, Marketable Securities?

BTQ Technologies's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 ($3.66 Mil) to Dec. 2023 ($2.56 Mil) but then stayed the same from Dec. 2023 ($2.56 Mil) to Mar. 2024 ($1.35 Mil).

BTQ Technologies's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($0.00 Mil) to Jan. 2022 ($0.21 Mil) and increased from Jan. 2022 ($0.21 Mil) to Jan. 2023 ($5.39 Mil).

BTQ Technologies Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for BTQ Technologies's Cash, Cash Equivalents, Marketable Securities 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.

BTQ Technologies Cash, Cash Equivalents, Marketable Securities Chart

BTQ Technologies Annual Data

Trend

Dec21

Jan22

Jan23

Cash, Cash Equivalents, Marketable Securities

0.21

5.39

BTQ Technologies Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial						5.57	4.14	3.66	2.56	1.35

BTQ Technologies Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

BTQ Technologies (OTCPK:BTQQF) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

BTQ Technologies Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of BTQ Technologies's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

BTQ Technologies (BTQ Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BTQ Technologies Corp (OTCPK:BTQQF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

NG3:Germany BTQ:Canada

Address

700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3

Website

https://www.btq.li

BTQ Technologies Corp is home to a diverse team of builders with a shared interest in post-quantum technology. Its products include PQScale, Keelung, Kenting, and Qbyte. PQScale is a novel scaling technique for post-quantum cryptographic primitives. PQScale achieves transaction speed and cost savings by leveraging zero-knowledge proofs for transaction processing. Keelung is a Zero-Knowledge Toolkit for Fast, Private, and Secure Applications. Kenting has accelerated hardware devices for a variety of post-quantum cryptographic primitives. Kenting provides acceleration for NIST-compliant post-quantum cryptography, post-quantum zk-SNARKs, and eco-friendly mining hardware. Qbyte is a Quantum risk Calculator.