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Hitek Global (Hitek Global) Ending Cash Position : $9.31 Mil (As of Dec. 2023)


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What is Hitek Global Ending Cash Position?

Hitek Global's Ending Cash Position for the quarter that ended in Dec. 2023 was $9.31 Mil.

Hitek Global's quarterly Ending Cash Position increased from Dec. 2022 ($1.20 Mil) to Jun. 2023 ($5.50 Mil) and increased from Jun. 2023 ($5.50 Mil) to Dec. 2023 ($9.31 Mil).

Hitek Global's annual Ending Cash Position declined from Dec. 2021 ($2.09 Mil) to Dec. 2022 ($1.20 Mil) but then increased from Dec. 2022 ($1.20 Mil) to Dec. 2023 ($9.31 Mil).

Hitek Global Ending Cash Position Historical Data

The historical data trend for Hitek Global's Ending Cash Position 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.

Hitek Global Ending Cash Position Chart

Hitek Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Ending Cash Position
Get a 7-Day Free Trial 0.78 1.86 2.09 1.20 9.31

Hitek Global Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.09 1.69 1.20 5.50 9.31

Hitek Global Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Hitek Global's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=1.204+8.108
=9.31

Hitek Global's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=5.495+3.817
=9.31

Hitek Global Ending Cash Position Related Terms

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Hitek Global (Hitek Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (NAS:HKIT) » Definitions » Ending Cash Position
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Traded in Other Exchanges
4JX:Germany
Address
No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN
Website
http://www.xmhitek.com
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.