IGOT (Fomo Worldwide) Ending Cash Position: $0.01 Mil (As of Mar. 2024)

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What is Fomo Worldwide Ending Cash Position?

Fomo Worldwide IGOT +100.00% Ending Cash Position is $0.01 Mil as of Mar. 2024.

Fomo Worldwide's Ending Cash Position for the quarter that ended in Mar. 2024 was $0.01 Mil.

Fomo Worldwide's quarterly Ending Cash Position declined from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.00 Mil) but then increased from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($0.01 Mil).

Fomo Worldwide's annual Ending Cash Position increased from Dec. 2021 ($0.09 Mil) to Dec. 2022 ($0.10 Mil) but then declined from Dec. 2022 ($0.10 Mil) to Dec. 2023 ($0.00 Mil).


Fomo Worldwide Ending Cash Position Related Terms


Fomo Worldwide Ending Cash Position Historical Data

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The historical data trend for Fomo Worldwide's Ending Cash Position 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.

Fomo Worldwide Ending Cash Position Chart

Fomo Worldwide Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.01 0.09 0.10 0.00

Fomo Worldwide Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.11 0.00 0.00 0.01

Fomo Worldwide Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Fomo Worldwide's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0+0
=0.00

Fomo Worldwide's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=0.004+0.006
=0.01

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.01 Mil mean?
Fomo Worldwide (IGOT) has a Ending Cash Position of $0.01 Mil as of Mar. 2024. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Fomo Worldwide and its competitors.
Is Fomo Worldwide's Ending Cash Position too high?
Fomo Worldwide's current Ending Cash Position is $0.01 Mil.
How does Fomo Worldwide's Ending Cash Position compare to TNRG and BLK?
Fomo Worldwide's Ending Cash Position of $0.01 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for an Asset Management company?
A good Ending Cash Position depends on the Asset Management industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Fomo Worldwide and its competitors. Fomo Worldwide's current Ending Cash Position is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fomo Worldwide stock overvalued right now?
Fomo Worldwide (IGOT) has a current Ending Cash Position of $0.01 Mil. The current Ending Cash Position is $0.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Fomo Worldwide (IGOT), the current Ending Cash Position is $0.01 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fomo Worldwide Business Description

Address 625 Stanwix Street, Suite 2504, Pittsburgh, PA, USA, 15222
Fomo Worldwide Inc is focused on business incubation and acceleration. It invests in and advises emerging companies. The company is developing direct investment and affiliations, the majority- and minority-owned, as well as in joint venture formats that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.