Interfield Global Software (NEOE:IFSS) Cash And Cash Equivalents : C$0.09 Mil (As of Sep. 2023)

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What is Interfield Global Software Cash And Cash Equivalents?

Interfield Global Software's quarterly cash and cash equivalents declined from Mar. 2023 (C$1.06 Mil) to Jun. 2023 (C$0.25 Mil) but then stayed the same from Jun. 2023 (C$0.25 Mil) to Sep. 2023 (C$0.09 Mil).

Interfield Global Software's annual cash and cash equivalents declined from Dec. 2020 (C$0.02 Mil) to Dec. 2021 (C$0.02 Mil) and declined from Dec. 2021 (C$0.02 Mil) to Dec. 2022 (C$0.01 Mil).

Interfield Global Software Cash And Cash Equivalents Historical Data

The historical data trend for Interfield Global Software'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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Interfield Global Software Cash And Cash Equivalents Chart

Interfield Global Software Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

0.01

0.02

0.01

Interfield Global Software Quarterly Data
	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.11	0.01	1.06	0.25	0.09

Interfield Global Software 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.

Interfield Global Software (NEOE:IFSS) 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.

Interfield Global Software Cash And Cash Equivalents Related Terms

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Interfield Global Software (NEOE:IFSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Interfield Global Software Inc (NEOE:IFSS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Yes Business Centre, Office 910, PO Box 78020, Al Barsha 1 Dubai, Dubai, ARE

Website

https://www.interfieldsolutions.com

Interfield Global Software Inc is a software company that services numerous industrial segments including oil and gas, mining, and renewables. It has two operating divisions, E-commerce and Software as a Service. The E-commerce division is an industrial equipment marketplace that connects buyers and suppliers around the globe. ToolSuite, the company's flagship product of its Software as a Service division, is a cloud-based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

Interfield Global Software (NEOE:IFSS) Headlines

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