Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Cash, Cash Equivalents, Marketable Securities : $0.04 Mil (As of Dec. 2022)

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What is Zapp Electric Vehicles Group Cash, Cash Equivalents, Marketable Securities?

Zapp Electric Vehicles Group's quarterly cash, cash equivalents, marketable securities declined from Jun. 2022 ($0.39 Mil) to Sep. 2022 ($0.21 Mil) but then stayed the same from Sep. 2022 ($0.21 Mil) to Dec. 2022 ($0.04 Mil).

Zapp Electric Vehicles Group's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Dec. 2021 ($0.68 Mil) but then declined from Dec. 2021 ($0.68 Mil) to Dec. 2022 ($0.04 Mil).

Zapp Electric Vehicles Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Zapp Electric Vehicles Group's Cash, Cash Equivalents, Marketable Securities 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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Zapp Electric Vehicles Group Cash, Cash Equivalents, Marketable Securities Chart

Zapp Electric Vehicles Group Annual Data

Trend

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

0.68

0.04

Zapp Electric Vehicles Group Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			0.68	0.31	0.39	0.21	0.04

Zapp Electric Vehicles Group Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Zapp Electric Vehicles Group (NAS:CIIGU) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Zapp Electric Vehicles Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zapp Electric Vehicles Group Ltd (NAS:CIIGU) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Technology Park, Colindeep Lane, London, GBR, NW9 6BX

Website

https://www.zappev.com

Zapp Electric Vehicles Group Ltd is an electric motorcycle company run by a team of experts from the mobility industry. The i300 is the first in a suite of high-performance electric two-wheelers expected to come to market from Zapp. The company plans to offer a high-quality direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer).