United Express (United Express) Cash And Cash Equivalents : $0.04 Mil (As of Mar. 2024)

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What is United Express Cash And Cash Equivalents?

United Express's quarterly cash and cash equivalents declined from Sep. 2023 ($0.10 Mil) to Dec. 2023 ($0.03 Mil) but then increased from Dec. 2023 ($0.03 Mil) to Mar. 2024 ($0.04 Mil).

United Express's annual cash and cash equivalents declined from Jun. 2021 ($0.04 Mil) to Jun. 2022 ($0.01 Mil) and declined from Jun. 2022 ($0.01 Mil) to Jun. 2023 ($0.00 Mil).

United Express Cash And Cash Equivalents Historical Data

The historical data trend for United Express'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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United Express Cash And Cash Equivalents Chart

United Express Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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0.06

0.04

0.01

United Express Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	-	0.10	0.03	0.04

United Express 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.

United Express (OTCPK:UNXP) 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.

United Express Cash And Cash Equivalents Related Terms

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United Express (United Express) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Express Inc (OTCPK:UNXP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

4345 W. Post Road, Las Vegas, NV, USA, 89118

Website

https://www.unitedexpress.in

United Express Inc is engaged in providing service for long and short distance logistics for clients in the company's target market area. It operates as a general company of transportation, dispatch service logistics, delivery merchandises and other items for companies and individuals across the United State. The firm offers various services such as logistics, commodities freight and transportation, carriers, consistent fleet, and other related services. It generates its revenue from transportation service and logistics. The United Express operates as a general company of transportation, dispatch service logistics, delivery merchandises and other items for companies and individuals across the United State.

United Express (United Express) Headlines

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