Orbit Technologies (XTAE:ORBI) Ending Cash Position : ₪68.7 Mil (As of Jun. 2023)

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What is Orbit Technologies Ending Cash Position?

Orbit Technologies's Ending Cash Position for the quarter that ended in Jun. 2023 was ₪68.7 Mil.

Orbit Technologies's quarterly Ending Cash Position increased from Dec. 2022 (₪0.0 Mil) to Mar. 2023 (₪70.9 Mil) but then declined from Mar. 2023 (₪70.9 Mil) to Jun. 2023 (₪68.7 Mil).

Orbit Technologies's annual Ending Cash Position increased from Dec. 2020 (₪88.3 Mil) to Dec. 2021 (₪112.0 Mil) but then declined from Dec. 2021 (₪112.0 Mil) to Dec. 2022 (₪81.5 Mil).

Orbit Technologies Ending Cash Position Historical Data

The historical data trend for Orbit Technologies's Ending Cash Position 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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Orbit Technologies Ending Cash Position Chart

Orbit Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Ending Cash Position

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45.01

45.94

88.25

111.97

81.47

Orbit Technologies Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Ending Cash Position	Get a 7-Day Free Trial						105.57	90.36	-	70.94	68.72

Orbit Technologies Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Orbit Technologies's Ending Cash Position for the fiscal year that ended in Dec. 2022 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	111.965	+	-30.493
	=	81.5

Orbit Technologies's Ending Cash Position for the quarter that ended in Jun. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	70.945	+	-2.226
	=	68.7

Orbit Technologies Ending Cash Position Related Terms

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Orbit Technologies (XTAE:ORBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Orbit Technologies Ltd (XTAE:ORBI) » Definitions » Ending Cash Position

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Traded in Other Exchanges

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Address

8D Hatzoran Street, PO Box 8657, Netanya, ISR, 4250608

Website

http://www.orbit-cs.com

Orbit Technologies Ltd is an Israel based company engages in the provision of Satellite Communications Systems, Tracking and Telemetry Systems and Communication Management Systems for Airborne, Marine, and Ground vessels, in both Commercial and Military applications. Its activities are divided into below the main business lines. The Mobile Satcom business line offers marine, air, train, and land mobile satcom systems that are used for television reception and for data applications such as Internet and video. Its Tracking business line provides full solutions for tracking low orbiting satellites, aircraft, UAVs, and missiles.

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