Athena Bitcoin Global (Athena Bitcoin Global) Cash And Cash Equivalents : $13.17 Mil (As of Sep. 2023)

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What is Athena Bitcoin Global Cash And Cash Equivalents?

Athena Bitcoin Global's quarterly cash and cash equivalents stayed the same from Sep. 2014 ($0.00 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($13.17 Mil).

Athena Bitcoin Global Cash And Cash Equivalents Historical Data

The historical data trend for Athena Bitcoin Global's Cash And Cash Equivalents 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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Athena Bitcoin Global Cash And Cash Equivalents Chart

Athena Bitcoin Global Annual Data

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Cash And Cash Equivalents

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Athena Bitcoin Global Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Sep22	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	-	-	-	13.17

Athena Bitcoin Global Cash And Cash Equivalents 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.

Athena Bitcoin Global (OTCPK:ABIT) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Athena Bitcoin Global Cash And Cash Equivalents Related Terms

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Athena Bitcoin Global (Athena Bitcoin Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Athena Bitcoin Global (OTCPK:ABIT) » Definitions » Cash And Cash Equivalents

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Address

1332 N Halsted Street, Suite 403, Chicago, IL, USA, 60642

Website

https://www.athenabitcoin.com

Athena Bitcoin Global is engaged in the cryptocurrency business. The company operates Bitcoin and other crypto ATMs throughout North and South America.

Athena Bitcoin Global (Athena Bitcoin Global) Headlines

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