Delta CleanTech (Delta CleanTech) Cash And Cash Equivalents : $0.21 Mil (As of Dec. 2023)

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What is Delta CleanTech Cash And Cash Equivalents?

Delta CleanTech's quarterly cash and cash equivalents declined from Jun. 2023 ($0.15 Mil) to Sep. 2023 ($0.04 Mil) but then increased from Sep. 2023 ($0.04 Mil) to Dec. 2023 ($0.21 Mil).

Delta CleanTech's annual cash and cash equivalents declined from Dec. 2021 ($0.59 Mil) to Dec. 2022 ($0.30 Mil) and declined from Dec. 2022 ($0.30 Mil) to Dec. 2023 ($0.21 Mil).

Delta CleanTech Cash And Cash Equivalents Historical Data

The historical data trend for Delta CleanTech'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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Delta CleanTech Cash And Cash Equivalents Chart

Delta CleanTech Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.59

0.30

0.21

Delta CleanTech Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial							0.30	0.13	0.15	0.04	0.21

Delta CleanTech 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.

Delta CleanTech (OTCPK:DCTIF) 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.

Delta CleanTech Cash And Cash Equivalents Related Terms

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Delta CleanTech (Delta CleanTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Delta CleanTech Inc (OTCPK:DCTIF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

DELT:Canada

Address

2308 Palisade Drive S.W., Calgary, AB, CAN, T2V 3V1

Website

https://www.deltacleantech.ca

Delta CleanTech Inc is a clean energy tech business. It is dedicated to providing clean technology solutions that address the environmental and social governance needs of corporations. The principal activity of Delta consists of four pillars namely CO2 capture, hydrogen production, solvent and ethanol purification, and carbon credit certification and trading. The Company operates in Canada, the United States, United Arab Emirates, Kazakhstan, and China.

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