ZenaTech (NAS:ZENA) Cash And Cash Equivalents : C$0.00 Mil (As of Sep. 2022)

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What is ZenaTech Cash And Cash Equivalents?

ZenaTech's quarterly cash and cash equivalents increased from Sep. 2021 (C$0.00 Mil) to Dec. 2021 (C$0.64 Mil) but then stayed the same from Dec. 2021 (C$0.64 Mil) to Sep. 2022 (C$0.00 Mil).

ZenaTech's annual cash and cash equivalents increased from Dec. 2019 (C$0.00 Mil) to Dec. 2020 (C$0.09 Mil) and increased from Dec. 2020 (C$0.09 Mil) to Dec. 2021 (C$0.64 Mil).

ZenaTech Cash And Cash Equivalents Historical Data

The historical data trend for ZenaTech'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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ZenaTech Cash And Cash Equivalents Chart

ZenaTech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

0.27

0.09

0.64

ZenaTech Quarterly Data
	Sep18	Dec18	Sep19	Dec19	Sep20	Dec20	Sep21	Dec21	Sep22
Cash And Cash Equivalents	Get a 7-Day Free Trial				0.02	0.09	-	0.64	-

ZenaTech 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.

ZenaTech (NAS:ZENA) 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.

ZenaTech Cash And Cash Equivalents Related Terms

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ZenaTech (NAS:ZENA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ZenaTech Inc (NAS:ZENA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

69 Yonge Street, Suite 1404, Toronto, ON, CAN, M53 1K3

Website

http://www.zenatech.com

ZenaTech Inc is a enterprise software technology company that specializes in mission-critical cloud-based applications integrated with smart hardware to deliver innovative solutions across diverse industries. The Company operates in software development technology, sales, and distribution. The Company is also developing a drone manufacturing, sales, and distribution business. The company operates in two segments which is software development technology, sales, and distribution, as well as drone manufacturing, sales, and distribution.

ZenaTech (NAS:ZENA) Headlines

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