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noco-noco (noco-noco) Cash And Cash Equivalents : $0.02 Mil (As of Jun. 2023)


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What is noco-noco Cash And Cash Equivalents?

noco-noco's quarterly cash and cash equivalents increased from Jun. 2022 ($0.08 Mil) to Dec. 2022 ($0.21 Mil) but then stayed the same from Dec. 2022 ($0.21 Mil) to Jun. 2023 ($0.02 Mil).

noco-noco's annual cash and cash equivalents increased from Jun. 2021 ($0.03 Mil) to Jun. 2022 ($0.08 Mil) but then declined from Jun. 2022 ($0.08 Mil) to Jun. 2023 ($0.02 Mil).

noco-noco Cash And Cash Equivalents Historical Data

The historical data trend for noco-noco'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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noco-noco Cash And Cash Equivalents Chart

noco-noco Annual Data
Trend Jun21 Jun22 Jun23
Cash And Cash Equivalents
0.03 0.08 0.02

noco-noco Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Cash And Cash Equivalents 0.03 - 0.08 0.21 0.02

noco-noco 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.

noco-noco  (NAS:NCNC) 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.

noco-noco Cash And Cash Equivalents Related Terms

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noco-noco (noco-noco) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » noco-noco Inc (NAS:NCNC) » Definitions » Cash And Cash Equivalents
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SCTH SYPR SUP WKSP STRT CAAS ID HYLN OMTK FLES TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG XTER:CON SHSE:600660
Traded in Other Exchanges
N/A
Address
4 Shenton Way, No.04-06 SGX Centre 2, Singapore, SGP, 068807
Website
https://www.noco-noco.com
noco-noco Inc is an early-stage decarbonization solution provider in Asia, aiming to engage in the leasing of battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power; and (ii) carbon abatement solutions for landowners and carbon credit sales. noco-noco operates own-and-lease business model where it manufactures its battery products through OEMs and leases them to its clients. It also engages in carbon abatement solutions and carbon credit sales and cross-sells them to its battery business clients to offset carbon emissions from their operations.