LIMX (Limitless X Holdings) Cash, Cash Equivalents, Marketable Securities : $0.05 Mil (As of Dec. 2024)

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What is Limitless X Holdings Cash, Cash Equivalents, Marketable Securities?

Limitless X Holdings's quarterly cash, cash equivalents, marketable securities increased from Jun. 2024 ($0.01 Mil) to Sep. 2024 ($0.02 Mil) and increased from Sep. 2024 ($0.02 Mil) to Dec. 2024 ($0.05 Mil).

Limitless X Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2022 ($5.80 Mil) to Dec. 2023 ($0.12 Mil) and declined from Dec. 2023 ($0.12 Mil) to Dec. 2024 ($0.05 Mil).

Limitless X Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Limitless X Holdings'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.

Limitless X Holdings Cash, Cash Equivalents, Marketable Securities Chart

Limitless X Holdings Annual Data

Trend

Jun03

Jun04

Jun05

Jun06

Jun07

Jun08

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

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0.06

0.08

5.80

0.12

0.05

Limitless X Holdings Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															0.12	0.02	0.01	0.02	0.05

Limitless X Holdings 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.

Limitless X Holdings (OTCPK:LIMX) 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.

Limitless X Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Limitless X Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Limitless X Holdings Inc (OTCPK:LIMX) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

9454 Wilshire Boulevard, Suite 300, Beverly Hills, CA, USA, 90212

Website

https://www.limitlessx.com

Limitless X Holdings Inc is a lifestyle brand, focused in the health and wellness industry. Initially, the Company focused on nutritional supplements, wellness studies, and interactive training videos and has since focused its business on performance marketing, sales of digital services, and sales of products. The Company operates in the following product and service sectors: (i) health products and (ii) digital marketing services. The health products sector included the sales of health products in two primary vertical markets: (1) health & wellness; and (2) beauty & skincare. The digital marketing service sector includes digital marketing; digital and print design; social media marketing; and direct-to-consumer marketing.