Personas Socialorporated (TSXV:PRSN) Cash And Cash Equivalents : C$0.14 Mil (As of Dec. 2023)

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What is Personas Socialorporated Cash And Cash Equivalents?

Personas Socialorporated's quarterly cash and cash equivalents increased from Mar. 2023 (C$0.05 Mil) to Sep. 2023 (C$0.32 Mil) but then stayed the same from Sep. 2023 (C$0.32 Mil) to Dec. 2023 (C$0.14 Mil).

Personas Socialorporated's annual cash and cash equivalents declined from Dec. 2021 (C$0.10 Mil) to Dec. 2022 (C$0.03 Mil) but then increased from Dec. 2022 (C$0.03 Mil) to Dec. 2023 (C$0.14 Mil).

Personas Socialorporated Cash And Cash Equivalents Historical Data

The historical data trend for Personas Socialorporated'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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Personas Socialorporated Cash And Cash Equivalents Chart

Personas Socialorporated Annual Data

Trend

May13

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.10

0.03

0.10

0.03

0.14

Personas Socialorporated Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.05	0.03	0.05	0.32	0.14

Personas Socialorporated 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.

Personas Socialorporated (TSXV:PRSN) 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.

Personas Socialorporated Cash And Cash Equivalents Related Terms

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Personas Socialorporated (TSXV:PRSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Personas Social Incorporated (TSXV:PRSN) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

PRSNF:USA 3PP1:Germany

Address

1 Yonge Street, Floor 18, Toronto, ON, CAN, M5E 1W7

Website

https://www.personas.com

Personas Social Incorporated is a Canada-based company engaged in the business of offering live video conferencing technology, live streaming, social media products and services for use by consumers and businesses, with a focus on mobile (iOS and Android) products. It focuses on providing social commerce-enabled products which allow for a monetizable user experience to all users, consumers and businesses alike. The company accomplishes this by offering products which are complete with enterprise-grade e-commerce infrastructure including multi-currency, multi-lingual, turnkey mobile commerce suites for users.

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