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A cash out date refers to the specific date when a business will run out of cash if nothing changes in its income and expenses. It's a crucial metric in cash management and financial forecasting for startups.
The cash out date is often used in financial planning and scenario analysis to help a company understand how long its cash reserves will last under different circumstances. It can be a wake-up call for companies to seek additional funding, cut costs, or find ways to increase revenue. Determining the cash out date requires making assumptions about future cash inflows and outflows, which should be as accurate as possible to give a reliable estimate.
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