CleanCore Solutions (CleanCore Solutions) Cash, Cash Equivalents, Marketable Securities : $0.05 Mil (As of Dec. 2023)

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What is CleanCore Solutions Cash, Cash Equivalents, Marketable Securities?

CleanCore Solutions's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 ($0.57 Mil) to Jun. 2023 ($0.39 Mil) but then stayed the same from Jun. 2023 ($0.39 Mil) to Dec. 2023 ($0.05 Mil).

CleanCore Solutions's annual cash, cash equivalents, marketable securities increased from Jun. 2021 ($0.14 Mil) to Jun. 2022 ($0.26 Mil) and increased from Jun. 2022 ($0.26 Mil) to Jun. 2023 ($0.39 Mil).

CleanCore Solutions Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for CleanCore Solutions'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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CleanCore Solutions Cash, Cash Equivalents, Marketable Securities Chart

CleanCore Solutions Annual Data

Trend

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

0.14

0.26

0.39

CleanCore Solutions Quarterly Data
	Jun21	Mar22	Jun22	Oct22	Mar23	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			0.26	-	0.57	0.39	0.05

CleanCore Solutions 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.

CleanCore Solutions (AMEX:ZONE) 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.

CleanCore Solutions Cash, Cash Equivalents, Marketable Securities Related Terms

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CleanCore Solutions (CleanCore Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CleanCore Solutions Inc (AMEX:ZONE) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

5920 South 118th Circle, Suite 2, Omaha, NE, USA, 68137

Website

https://www.cleancoresol.com

CleanCore Solutions Inc engages in the development and manufacturing of cleaning products that produce pure aqueous ozone for professional, industrial, or home use. The firm has a patented nanobubble technology using aqueous ozone that is effective in cleaning, sanitizing, and deodorizing surfaces and high-touch areas. The company offers products and solutions that are marketed for janitorial and sanitation, ice machine cleaning, laundry, and industrial industries. Its products are used in many types of environments including retail establishments, distribution centers, factories, warehouses, restaurants, schools and universities, airports, healthcare, food service, and commercial buildings such as offices, malls, and stores.

CleanCore Solutions (CleanCore Solutions) Headlines

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