Nano Nuclear Energy (Nano Nuclear Energy) Cash, Cash Equivalents, Marketable Securities : $7.90 Mil (As of Dec. 2023)

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What is Nano Nuclear Energy Cash, Cash Equivalents, Marketable Securities?

Nano Nuclear Energy's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 ($0.00 Mil) to Sep. 2023 ($6.95 Mil) and increased from Sep. 2023 ($6.95 Mil) to Dec. 2023 ($7.90 Mil).

Nano Nuclear Energy's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Sep. 2022 ($2.13 Mil) and increased from Sep. 2022 ($2.13 Mil) to Sep. 2023 ($6.95 Mil).

Nano Nuclear Energy Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Nano Nuclear Energy'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.

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Nano Nuclear Energy Cash, Cash Equivalents, Marketable Securities Chart

Nano Nuclear Energy Annual Data

Trend

Sep22

Sep23

Cash, Cash Equivalents, Marketable Securities

2.13

6.95

Nano Nuclear Energy Quarterly Data
	Sep22	Dec22	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	2.13	-	6.95	7.90

Nano Nuclear Energy 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.

Nano Nuclear Energy (NAS:NNE) 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.

Nano Nuclear Energy Cash, Cash Equivalents, Marketable Securities Related Terms

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Nano Nuclear Energy (Nano Nuclear Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nano Nuclear Energy Inc (NAS:NNE) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Times Square, 30th Floor, New York, NY, USA, 10018

Website

https://nanonuclearenergy.com

Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.

Nano Nuclear Energy (Nano Nuclear Energy) Headlines

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