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M2i Global (M2i Global) Cash And Cash Equivalents : $0.02 Mil (As of Feb. 2024)


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What is M2i Global Cash And Cash Equivalents?

M2i Global's quarterly cash and cash equivalents increased from Aug. 2023 ($0.05 Mil) to Nov. 2023 ($0.05 Mil) but then stayed the same from Nov. 2023 ($0.05 Mil) to Feb. 2024 ($0.02 Mil).

M2i Global's annual cash and cash equivalents stayed the same from Nov. 2021 ($0.00 Mil) to Nov. 2022 ($0.00 Mil) but then increased from Nov. 2022 ($0.00 Mil) to Nov. 2023 ($0.05 Mil).

M2i Global Cash And Cash Equivalents Historical Data

The historical data trend for M2i 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.

* Premium members only.

M2i Global Cash And Cash Equivalents Chart

M2i Global Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cash And Cash Equivalents
Get a 7-Day Free Trial - 0.01 - - 0.05

M2i Global Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.31 0.05 0.05 0.02

M2i 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.

M2i Global  (OTCPK:MTWO) 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.

M2i Global Cash And Cash Equivalents Related Terms

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M2i Global (M2i Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » M2i Global Inc (OTCPK:MTWO) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
N/A
Address
S. Carson Street, P.O. Box No. 40, Carson, NV, USA, 89701
Website
https://www.inky.live
M2I Global Inc formerly Inky Inc develops, publishes and markets mobile software applications for smartphones and tablet devices. Inky facilitates the user to decide what and where to ink without having to actually commence the tattoo procedure. Users will be able to download applications through direct-to-consumer digital storefronts, such as the apple app store and google play market. The app includes a selection of tattoo sketches by different artists that can be virtually placed via smartphone-powered AR. A user gets to try on a virtual tattoo on their body in real time.