RenoWorks Software (TSXV:RW) Cash And Cash Equivalents : C$0.65 Mil (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is RenoWorks Software Cash And Cash Equivalents?

RenoWorks Software's quarterly cash and cash equivalents declined from Jun. 2023 (C$0.40 Mil) to Sep. 2023 (C$0.32 Mil) but then increased from Sep. 2023 (C$0.32 Mil) to Dec. 2023 (C$0.65 Mil).

RenoWorks Software's annual cash and cash equivalents declined from Dec. 2021 (C$1.19 Mil) to Dec. 2022 (C$0.70 Mil) and declined from Dec. 2022 (C$0.70 Mil) to Dec. 2023 (C$0.65 Mil).

RenoWorks Software Cash And Cash Equivalents Historical Data

The historical data trend for RenoWorks 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.

* Premium members only.

RenoWorks Software Cash And Cash Equivalents Chart

RenoWorks Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.50

0.52

1.19

0.70

0.65

RenoWorks Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.70	0.34	0.40	0.32	0.65

RenoWorks 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.

RenoWorks Software (TSXV:RW) 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.

RenoWorks Software Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of RenoWorks Software's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

RenoWorks Software (TSXV:RW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RenoWorks Software Inc (TSXV:RW) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ROWKF:USA

Address

2721 Hopewell Place NE, 2nd Floor, Calgary, AB, CAN, T1Y 7J7

Website

https://www.renoworks.com

RenoWorks Software Inc is a Canada-based software company. It develops and distributes digital visualization software for the remodeling and new home construction industry. The company's product offering includes Design services, Licensing and hosting, Libraries, Implementation and others. It serves manufacturers, contractors, retailers, marketers, homeowners, and builders. The firm markets its technologies as innovative engagement tools and generates revenues from four main business lines: Renoworks Enterprise, Renoworks PRO, Renoworks Design Services and Renoworks API (Application Programming Interface).

Executives

Robert Schulz

Director

RenoWorks Software (TSXV:RW) Headlines

No Headlines