Alta Global Group (Alta Global Group) Cash And Cash Equivalents : $2.49 Mil (As of Jun. 2023)

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What is Alta Global Group Cash And Cash Equivalents?

Alta Global Group's quarterly cash and cash equivalents increased from . 20 ($0.00 Mil) to Jun. 2022 ($0.40 Mil) and increased from Jun. 2022 ($0.40 Mil) to Jun. 2023 ($2.49 Mil).

Alta Global Group's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Jun. 2022 ($0.40 Mil) and increased from Jun. 2022 ($0.40 Mil) to Jun. 2023 ($2.49 Mil).

Alta Global Group Cash And Cash Equivalents Historical Data

The historical data trend for Alta Global Group'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.

Alta Global Group Cash And Cash Equivalents Chart

Alta Global Group Annual Data

Trend

Jun22

Jun23

Cash And Cash Equivalents

0.40

2.49

Alta Global Group Semi-Annual Data
	Jun22	Jun23
Cash And Cash Equivalents	0.40	2.49

Alta Global Group 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.

Alta Global Group (AMEX:MMA) 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.

Alta Global Group Cash And Cash Equivalents Related Terms

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Alta Global Group (Alta Global Group) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 1, 29-33, Suite 1, The Corso, Manly, Sydney, NSW, AUS, 2095

Website

https://www.trainalta.com

Alta Global Group Ltd is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.

Alta Global Group (Alta Global Group) Headlines

From GuruFocus

Alta Global Group Limited Announces Pricing of Initial Public Offering

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