MGNT (Meganet) Ending Cash Position: $0.00 Mil (As of Jun. 2017)

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What is Meganet Ending Cash Position?

Meganet MGNT Ending Cash Position is $0.00 Mil as of Jun. 2017.

Meganet's Ending Cash Position for the quarter that ended in Jun. 2017 was $0.00 Mil.

Meganet's quarterly Ending Cash Position stayed the same from Dec. 2016 ($0.00 Mil) to Mar. 2017 ($0.00 Mil) but then increased from Mar. 2017 ($0.00 Mil) to Jun. 2017 ($0.00 Mil).

Meganet's annual Ending Cash Position increased from Mar. 2015 ($0.00 Mil) to Mar. 2016 ($0.00 Mil) but then declined from Mar. 2016 ($0.00 Mil) to Mar. 2017 ($0.00 Mil).

Meganet Ending Cash Position Related Terms

Meganet Ending Cash Position Historical Data

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The historical data trend for Meganet'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.

Meganet Ending Cash Position Chart

Meganet Annual Data
Trend Mar15 Mar16 Mar17
Ending Cash Position
0.00 0.00 0.00

Meganet Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Meganet 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.

Meganet's Ending Cash Position for the fiscal year that ended in Mar. 2017 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.002+-0.002
=0.00

Meganet's Ending Cash Position for the quarter that ended in Jun. 2017 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=-1.7347234759768E-18+0.004
=0.00

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $0.00 Mil mean?
Meganet (MGNT) has a Ending Cash Position of $0.00 Mil as of Jun. 2017. 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 Meganet and its competitors.
Is Meganet's Ending Cash Position too high?
Meganet's current Ending Cash Position is $0.00 Mil.
How does Meganet's Ending Cash Position compare to HDVW and UUU?
Meganet's Ending Cash Position of $0.00 Mil can be compared against companies in the Business Services 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 a Business Services company?
A good Ending Cash Position depends on the Business Services 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 Meganet and its competitors. Meganet's current Ending Cash Position is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meganet stock overvalued right now?
Meganet (MGNT) has a current Ending Cash Position of $0.00 Mil. The current Ending Cash Position is $0.00 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 Meganet (MGNT), the current Ending Cash Position is $0.00 Mil as of Jun. 2017. 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.

Meganet Business Description

Address 2510 East Sunset Road, Unit 5-777, Las Vegas, NV, USA, 89120
Meganet Corp is focused on the development of data security solutions for enterprises, organizations, and corporations around the globe, including the United States Department of Defense, Military Intelligence, and the Federal Government. The company's data security solutions include an encryption algorithm. It out-sources the manufacture of its counter-IED products, including bomb jammers, dismounted backpack portable jammers, and facility jammers. The company also develops and sells cell phones, satellites, and wireless interceptors. Other data security solutions include encrypted cell phones, landlines, faxes, radios, and satellites.