Worldwide NFT (Worldwide NFT) Cash And Cash Equivalents : $0.00 Mil (As of Dec. 2023)

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What is Worldwide NFT Cash And Cash Equivalents?

Worldwide NFT Cash And Cash Equivalents Historical Data

The historical data trend for Worldwide NFT'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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Worldwide NFT Cash And Cash Equivalents Chart

Worldwide NFT Annual Data

Trend

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Cash And Cash Equivalents

Worldwide NFT Quarterly Data
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Worldwide NFT 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.

Worldwide NFT (OTCPK:WNFT) 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.

Worldwide NFT Cash And Cash Equivalents Related Terms

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Worldwide NFT (Worldwide NFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Worldwide NFT Inc (OTCPK:WNFT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

3535 Executive Terminal Drive, Suite 150, Henderson, NV, USA, 89052

Website

Worldwide NFT Inc, formerly Goff Corp is a Blank check company.

Executives

Vasquez Serna Manuel Hernando	director	CARRERA 58, NO.75 - 159 OF #7, BARRANQUILLA F8 0000
Warwick Adam Calasse	director, 10 percent owner, officer: Pres/CEO/Treas/Sec/CFO	24 GARDENER ROAD, ARCTURUS, RUWA Y5 0000

Worldwide NFT (Worldwide NFT) Headlines

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