Trump Media & Technology Group (Trump Media & Technology Group) Cash, Cash Equivalents, Marketable Securities : $2.57 Mil (As of Dec. 2023)

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What is Trump Media & Technology Group Cash, Cash Equivalents, Marketable Securities?

Trump Media & Technology Group's quarterly cash, cash equivalents, marketable securities declined from Dec. 2021 ($18.73 Mil) to Dec. 2022 ($9.81 Mil) but then stayed the same from Dec. 2022 ($9.81 Mil) to Dec. 2023 ($2.57 Mil).

Trump Media & Technology Group's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($18.73 Mil) to Dec. 2022 ($9.81 Mil) and declined from Dec. 2022 ($9.81 Mil) to Dec. 2023 ($2.57 Mil).

Trump Media & Technology Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Trump Media & Technology 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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Trump Media & Technology Group Cash, Cash Equivalents, Marketable Securities Chart

Trump Media & Technology Group Annual Data

Trend

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

18.73

9.81

2.57

Trump Media & Technology Group Semi-Annual Data
	Dec21	Dec22	Dec23
Cash, Cash Equivalents, Marketable Securities	18.73	9.81	2.57

Trump Media & Technology 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.

Trump Media & Technology Group (NAS:DJT) 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.

Trump Media & Technology Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Trump Media & Technology Group (Trump Media & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trump Media & Technology Group Corp (NAS:DJT) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

DJTWW:USA

Address

401 N. Cattlemen Road, Suite 200, Sarasota, FL, USA, 34232

Website

Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

Trump Media & Technology Group (Trump Media & Technology Group) Headlines

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