QIND (Quality Industrial) Ending Cash Position: $1.71 Mil (As of Jun. 2023)

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What is Quality Industrial Ending Cash Position?

Quality Industrial QIND -8.80% Ending Cash Position is $1.71 Mil as of Jun. 2023.

Quality Industrial's Ending Cash Position for the quarter that ended in Jun. 2023 was $1.71 Mil.

Quality Industrial's quarterly Ending Cash Position declined from Dec. 2022 ($1.31 Mil) to Mar. 2023 ($1.23 Mil) but then increased from Mar. 2023 ($1.23 Mil) to Jun. 2023 ($1.71 Mil).

Quality Industrial's annual Ending Cash Position declined from Dec. 2020 ($0.02 Mil) to Dec. 2021 ($0.02 Mil) but then increased from Dec. 2021 ($0.02 Mil) to Dec. 2022 ($1.31 Mil).

Quality Industrial Ending Cash Position Related Terms

Quality Industrial Ending Cash Position Historical Data

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The historical data trend for Quality Industrial'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.

Quality Industrial Ending Cash Position Chart

Quality Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Ending Cash Position
0.13 0.02 0.02 1.31

Quality Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.01 0.00 1.31 1.23 1.71

Quality Industrial 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.

Quality Industrial's Ending Cash Position for the fiscal year that ended in Dec. 2022 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.015999999999996+1.297
=1.31

Quality Industrial's Ending Cash Position for the quarter that ended in Jun. 2023 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=1.23+0.478
=1.71

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $1.71 Mil mean?
Quality Industrial (QIND) has a Ending Cash Position of $1.71 Mil as of Jun. 2023. 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 Quality Industrial and its competitors.
Is Quality Industrial's Ending Cash Position too high?
Quality Industrial's current Ending Cash Position is $1.71 Mil.
How does Quality Industrial's Ending Cash Position compare to OPTT and AUSI?
Quality Industrial's Ending Cash Position of $1.71 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Ending Cash Position depends on the Industrial Products 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 Quality Industrial and its competitors. Quality Industrial's current Ending Cash Position is $1.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Industrial stock overvalued right now?
Quality Industrial (QIND) has a current Ending Cash Position of $1.71 Mil. The current Ending Cash Position is $1.71 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 Quality Industrial (QIND), the current Ending Cash Position is $1.71 Mil as of Jun. 2023. 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.

Quality Industrial Business Description

Address 505 Montgomery Street, San Francisco, CA, USA, 94104
Quality Industrial Corp is engaged in the manufacture and assembly of industrial equipment and precision-engineered technology for the Industrial, Oil & Gas, and Utility sectors. Its services include consulting, designing, supplying, installing, and maintaining LPG systems, as well as the transportation and supply of LPG in both bulk and cylinder formats. The firm cater to a diverse range of clients, including commercial buildings, mixed-use apartment complexes, shopping centers, food courts, heavy industries, labor accommodations, catering units, commercial kitchens, and dining establishments.