GiveMePower (GiveMePower) Cash And Cash Equivalents : $0.00 Mil (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is GiveMePower Cash And Cash Equivalents?

GiveMePower's quarterly cash and cash equivalents stayed the same from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.00 Mil) but then increased from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($0.00 Mil).

GiveMePower's annual cash and cash equivalents declined from Dec. 2021 ($0.13 Mil) to Dec. 2022 ($0.05 Mil) and declined from Dec. 2022 ($0.05 Mil) to Dec. 2023 ($0.00 Mil).

GiveMePower Cash And Cash Equivalents Historical Data

The historical data trend for GiveMePower'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.

* Premium members only.

GiveMePower Cash And Cash Equivalents Chart

GiveMePower Annual Data

Trend

Jun02

Jun03

Jun04

Jun05

Jun06

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.13

0.05

GiveMePower Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	-	-	-	-

GiveMePower 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.

GiveMePower (OTCPK:GMPW) 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.

GiveMePower Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of GiveMePower's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

GiveMePower (GiveMePower) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » GiveMePower Corp (OTCPK:GMPW) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501

Website

https://www.givemepower.com

GiveMePower Corp operates and manages a portfolio of real estate and financial services assets and operations to empower black persons in the United States through financial tools and resources. The company is focused on creating and empowering local black businesses in urban America and creating real estate properties and businesses in opportunity zones and other distressed neighborhoods across America. It generates revenue from sales of real estate investment property, entrepreneurship development initiatives, and principal transactions in proprietary trading operations.

Executives

Givemepower Corp

director, officer: Director of Accounting

#204, 16 MIDLAKE BLVD. SE, CALGARY A0 T2X 2X7

GiveMePower (GiveMePower) Headlines

No Headlines