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Inno Holdings (Inno Holdings) Cash And Cash Equivalents : $4.05 Mil (As of Mar. 2024)


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What is Inno Holdings Cash And Cash Equivalents?

Inno Holdings's quarterly cash and cash equivalents increased from Sep. 2023 ($0.01 Mil) to Dec. 2023 ($7.68 Mil) but then stayed the same from Dec. 2023 ($7.68 Mil) to Mar. 2024 ($4.05 Mil).

Inno Holdings's annual cash and cash equivalents declined from Sep. 2021 ($0.10 Mil) to Sep. 2022 ($0.05 Mil) and declined from Sep. 2022 ($0.05 Mil) to Sep. 2023 ($0.01 Mil).

Inno Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Inno Holdings'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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Inno Holdings Cash And Cash Equivalents Chart

Inno Holdings Annual Data
Trend Sep21 Sep22 Sep23
Cash And Cash Equivalents
0.10 0.05 0.01

Inno Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.17 0.11 0.01 7.68 4.05

Inno Holdings 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.

Inno Holdings  (NAS:INHD) 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.

Inno Holdings Cash And Cash Equivalents Related Terms

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Inno Holdings (Inno Holdings) Business Description

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Address
2465 Farm Market 359 South, Brookshire, TX, USA, 77423
Website
https://www.innometalstuds.com
Inno Holdings Inc is a building technology company with a mission to transform the construction industry with its proprietary cold-formed steel-framing technology and other innovations. It is a manufacturer of cold-formed-steel members and prefabricated homes. It offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The company sells these finished products either to businesses or directly to customers. The finished products and cold-formed-steel members are used in a variety of building types, including residential, commercial, industrial and infrastructure.