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Pinstripes Holdings�Inc (Pinstripes Holdings�Inc) Cash And Cash Equivalents : $7.99 Mil (As of Oct. 2023)


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What is Pinstripes Holdings�Inc Cash And Cash Equivalents?

Pinstripes Holdings�Inc's quarterly cash and cash equivalents declined from Apr. 2022 ($8.91 Mil) to Apr. 2023 ($8.44 Mil) but then stayed the same from Apr. 2023 ($8.44 Mil) to Oct. 2023 ($7.99 Mil).

Pinstripes Holdings�Inc's annual cash and cash equivalents increased from Apr. 2021 ($0.00 Mil) to Apr. 2022 ($8.91 Mil) but then declined from Apr. 2022 ($8.91 Mil) to Apr. 2023 ($8.44 Mil).

Pinstripes Holdings�Inc Cash And Cash Equivalents Historical Data

The historical data trend for Pinstripes Holdings�Inc'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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Pinstripes Holdings�Inc Cash And Cash Equivalents Chart

Pinstripes Holdings�Inc Annual Data
Trend Apr21 Apr22 Apr23
Cash And Cash Equivalents
- 8.91 8.44

Pinstripes Holdings�Inc Semi-Annual Data
Apr21 Apr22 Apr23 Oct23
Cash And Cash Equivalents - 8.91 8.44 7.99

Pinstripes Holdings�Inc 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.

Pinstripes Holdings�Inc  (NYSE:PNST) 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.

Pinstripes Holdings�Inc Cash And Cash Equivalents Related Terms

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Pinstripes Holdings�Inc (Pinstripes Holdings�Inc) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Pinstripes Holdings�Inc (NYSE:PNST) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
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Address
1150 Willow Road, Northbrook, IL, USA, 60062
Website
https://www.pinstripes.com
Pinstripes Holdings Inc is an experiential dining and entertainment concept combining exceptional Italian-American cuisine with bowling, bocce, and private events. It owns and operates about 13 restaurants in the USA. The company designs and constructs large-format locations that are each 26,000 to 38,000 square feet of interior space, plus additional outdoor patio space that includes outdoor dining, bocce courts, fire-pits and decorative fountains.