Winvest Group (Winvest Group) Cash And Cash Equivalents : $0.05 Mil (As of Dec. 2023)

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What is Winvest Group Cash And Cash Equivalents?

Winvest Group's quarterly cash and cash equivalents declined from Jun. 2023 ($0.11 Mil) to Sep. 2023 ($0.04 Mil) but then increased from Sep. 2023 ($0.04 Mil) to Dec. 2023 ($0.05 Mil).

Winvest Group's annual cash and cash equivalents increased from May. 2021 ($0.00 Mil) to Dec. 2022 ($0.04 Mil) and increased from Dec. 2022 ($0.04 Mil) to Dec. 2023 ($0.05 Mil).

Winvest Group Cash And Cash Equivalents Historical Data

The historical data trend for Winvest Group'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.

* Premium members only.

Winvest Group Cash And Cash Equivalents Chart

Winvest Group Annual Data

Trend

May20

May21

Dec22

Dec23

Cash And Cash Equivalents

0.04

0.05

Winvest Group Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial												0.04	0.09	0.11	0.04	0.05

Winvest Group 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.

Winvest Group (OTCPK:WNLV) 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.

Winvest Group Cash And Cash Equivalents Related Terms

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Winvest Group (Winvest Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Winvest Group Ltd (OTCPK:WNLV) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 West Liberty Street, Suite 880, Reno, NV, USA, 89501

Website

https://www.winvestgroup.co

Winvest Group Ltd is an investment holding company. It provides diverse portfolios with a focus on education and planning, franchising, wealth marketing, as well as traditional and renewable energy sources.

Winvest Group (Winvest Group) Headlines

From GuruFocus

WINVEST GROUP LTD ANNOUNCES EFFECTIVENESS OF SEC FORM S-1 REGISTRATION STATEMENT AND LAUNCHES DIRECT PUBLIC OFFERING

By Marketwired • 08-07-2023