Loop Industries (FRA:3L9) Beginning Cash Position : €9.61 Mil (As of Feb. 2024)

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What is Loop Industries Beginning Cash Position?

Loop Industries's Beginning Cash Position for the quarter that ended in Feb. 2024 was €9.61 Mil.

Loop Industries's quarterly Beginning Cash Position declined from Aug. 2023 (€21.06 Mil) to Nov. 2023 (€13.27 Mil) and declined from Nov. 2023 (€13.27 Mil) to Feb. 2024 (€9.61 Mil).

Loop Industries's annual Beginning Cash Position increased from Feb. 2022 (€31.03 Mil) to Feb. 2023 (€41.15 Mil) but then declined from Feb. 2023 (€41.15 Mil) to Feb. 2024 (€28.36 Mil).

Loop Industries Beginning Cash Position Historical Data

The historical data trend for Loop Industries's Beginning 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.

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Loop Industries Beginning Cash Position Chart

Loop Industries Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Beginning Cash Position

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5.35

27.89

31.03

41.15

28.36

Loop Industries Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Beginning Cash Position	Get a 7-Day Free Trial															24.88	28.14	21.06	13.27	9.61

Loop Industries Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Loop Industries Beginning Cash Position Related Terms

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Loop Industries (FRA:3L9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Loop Industries Inc (FRA:3L9) » Definitions » Beginning Cash Position

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Traded in Other Exchanges

LOOP:USA

Address

480 Fernand-Poitras, Terrebonne, QC, CAN, J6Y 1Y4

Website

http://www.loopindustries.com

Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

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