Humble & Fume (XCNQ:HMBL) Cash, Cash Equivalents, Marketable Securities : C$2.84 Mil (As of Jun. 2023)

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What is Humble & Fume Cash, Cash Equivalents, Marketable Securities?

Humble & Fume's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (C$3.61 Mil) to Mar. 2023 (C$4.35 Mil) but then stayed the same from Mar. 2023 (C$4.35 Mil) to Jun. 2023 (C$2.84 Mil).

Humble & Fume's annual cash, cash equivalents, marketable securities declined from Jun. 2021 (C$9.66 Mil) to Jun. 2022 (C$6.31 Mil) and declined from Jun. 2022 (C$6.31 Mil) to Jun. 2023 (C$2.84 Mil).

Humble & Fume Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Humble & Fume'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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Humble & Fume Cash, Cash Equivalents, Marketable Securities Chart

Humble & Fume Annual Data

Trend

Jul19

Jun20

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

6.35

9.66

6.31

2.84

Humble & Fume Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										11.50	6.31	3.61	4.35	2.84

Humble & Fume 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.

Humble & Fume (XCNQ:HMBL) 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.

Humble & Fume Cash, Cash Equivalents, Marketable Securities Related Terms

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Humble & Fume (XCNQ:HMBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Humble & Fume Inc (XCNQ:HMBL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

HUMBF:USA

Address

1 Eva Road, Suite 416, Etobicoke, ON, CAN, M9C 4Z5

Website

https://www.humbleandfume.com

Humble & Fume Inc is a cannabis distribution solution providing customer-centric services and accessories. It is a fully integrated cannabis distribution solution for retailers, Canadian licensed cannabis producers, American multi-state operators, and cannabis customers. Its products include Amethyst Crystal Pipe, Invincipole Replacement Screens, Replacement Bowl Screens, Invincipole Aluminum & Steel Downstem, MouthPeace Filter Refill Display, MouthPeace Full Kit Display, Unbleached Pure Wood Cones, Blend Unbleached Pure Hemp & Flax Cones among others. The firm operates in the segment in two geographical locations: Canada and the USA of which it generates substantial revenue from the USA.

Executives