Engage XR Holdings (LSE:EXR) Cash And Cash Equivalents : £6.82 Mil (As of Dec. 2023)

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What is Engage XR Holdings Cash And Cash Equivalents?

Engage XR Holdings's quarterly cash and cash equivalents increased from Dec. 2022 (£1.92 Mil) to Jun. 2023 (£8.11 Mil) but then stayed the same from Jun. 2023 (£8.11 Mil) to Dec. 2023 (£6.82 Mil).

Engage XR Holdings's annual cash and cash equivalents declined from Dec. 2021 (£6.62 Mil) to Dec. 2022 (£1.92 Mil) but then increased from Dec. 2022 (£1.92 Mil) to Dec. 2023 (£6.82 Mil).

Engage XR Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Engage XR 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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Engage XR Holdings Cash And Cash Equivalents Chart

Engage XR Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1.10

1.84

6.62

1.92

6.82

Engage XR Holdings Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial								6.62	4.21	1.92	8.11	6.82

Engage XR 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.

Engage XR Holdings (LSE:EXR) 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.

Engage XR Holdings Cash And Cash Equivalents Related Terms

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Engage XR Holdings (LSE:EXR) Business Description

Industry

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Traded in Other Exchanges

6VR:Germany

Address

Old Kilmeaden Road, Unit 9 Cleaboy Business Park, Waterford, IRL, X91 AX83

Website

https://www.engagevr.io

Engage XR Holdings PLC operates as a virtual reality software and technology company in Ireland. It is engaged in the development of the educational Virtual Reality platform - ENGAGE. The company also develops and sells online virtual social learning and presentation platforms for creating, sharing, and delivering proprietary and third-party VR content for educational and corporate training purposes. Its products include ENGAGE platform, 1943 Berlin Blitz, Titanic VR, Apollo 11 VR, and RCSI medical training app.