Zonetail (TSXV:ZONE) Cash And Cash Equivalents : C$0.04 Mil (As of Sep. 2023)

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What is Zonetail Cash And Cash Equivalents?

Zonetail's quarterly cash and cash equivalents declined from Dec. 2022 (C$0.18 Mil) to Mar. 2023 (C$0.01 Mil) but then increased from Mar. 2023 (C$0.01 Mil) to Sep. 2023 (C$0.04 Mil).

Zonetail's annual cash and cash equivalents increased from Dec. 2020 (C$0.15 Mil) to Dec. 2021 (C$1.09 Mil) but then declined from Dec. 2021 (C$1.09 Mil) to Dec. 2022 (C$0.18 Mil).

Zonetail Cash And Cash Equivalents Historical Data

The historical data trend for Zonetail'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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Zonetail Cash And Cash Equivalents Chart

Zonetail Annual Data

Trend

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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0.93

0.01

0.15

1.09

0.18

Zonetail Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.39	0.06	0.18	0.01	0.04

Zonetail 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.

Zonetail (TSXV:ZONE) 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.

Zonetail Cash And Cash Equivalents Related Terms

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Zonetail (TSXV:ZONE) Business Description

Industry

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ZTLLF:USA

Address

20 Dalhousie Street, Toronto, ON, CAN, M5B 2A5

Website

https://www.zonetail.com

Zonetail Inc is a mobile platform and market network. Its mission is to provide a state-of-the-art mobile platform that enables high-rise residents to better manage their homes by connecting people to products, amenities, and services. Its Vision is to build a critical mass of users in the hard-to-reach, high-rise residential vertical, through a unique mobile market network model - providing vital information, products, and services at the tap of a screen. It is the search engine to optimizes the home. Zonetail is partnered with Yardi, Shiftsuite, and now MRI Software which together account for an estimated 50 million households across North America.

Executives

Mark William Holmes

Director, Senior Officer

Zonetail (TSXV:ZONE) Headlines

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