Star Equity Holdings (Star Equity Holdings) Cash, Cash Equivalents, Marketable Securities : $23.16 Mil (As of Dec. 2023)

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What is Star Equity Holdings Cash, Cash Equivalents, Marketable Securities?

Star Equity Holdings's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($26.15 Mil) to Sep. 2023 ($25.00 Mil) but then stayed the same from Sep. 2023 ($25.00 Mil) to Dec. 2023 ($23.16 Mil).

Star Equity Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($4.59 Mil) to Dec. 2022 ($7.87 Mil) and increased from Dec. 2022 ($7.87 Mil) to Dec. 2023 ($23.16 Mil).

Star Equity Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Star Equity Holdings'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.

* Premium members only.

Star Equity Holdings Cash, Cash Equivalents, Marketable Securities Chart

Star Equity Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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1.77

3.23

4.59

7.87

23.16

Star Equity Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															7.87	9.23	26.15	25.00	23.16

Star Equity Holdings 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.

Star Equity Holdings (NAS:STRR) 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.

Star Equity Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Star Equity Holdings (Star Equity Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Star Equity Holdings Inc (NAS:STRR) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

STRRP.PFD:USA

Address

53 Forest Avenue, Suite 101, Old Greenwich, CT, USA, 06870

Website

https://www.starequity.com

Star Equity Holdings Inc is a multi-industry diversified holding company with three segments; Healthcare segment provides products and services in the area of nuclear medicine imaging with a focus on cardiac health. It provides imaging services to healthcare providers using a fleet of solid-state gamma cameras and also the manufacturing, distribution, and maintenance of gamma cameras, The construction segment manufactures modular housing units for commercial and residential applications. It operates in two businesses: modular building manufacturing and structural wall panel and wood foundation manufacturing, including building supply retail operations, and The investments segment generates intercompany revenue from the lease of commercial properties and equipment.

Executives

Thatcher Butcher	officer: President - KBS	C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Coleman Richard Kenneth Jr.	officer: Chief Operating Officer	53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Ronald A. Schumacher	officer: Exec Chairman - EdgeBuilder	C/O STAR EQUITY HOLDINGS, INC., 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Jeffrey E. Eberwein	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Mitchell I Quain	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
John W Gildea	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Hannah M. Bible	officer: Chief Legal Officer	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Michael A. Cunnion	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
David James Noble	officer: Chief Operating Officer	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Matthew G. Molchan	officer: President and CEO	1048 INDUSTRIAL COURT, SUWANEE GA 30024
Cannell Capital Llc	10 percent owner	245 MERIWETHER CIRCLE, ALTA WY 83414
John M Climaco	director	PO BOX 326, PARK CITY UT 84060
Virgil Lott	officer: President, Diagnostic Imaging	1048 INDUSTRIAL COURT, SUWANEE GA 30024
Michael Debeauvernet	officer: General Manager,Mobile Imaging	C/O DIGIRAD CORPORATION, 1048 INDUSTRIAL COURT, SUWANEE GA 30024
Jeffry R. Keyes	officer: Chief Financial Officer	13950 STOWE DRIVE, POWAY CA 92064-8803