Cognyte Software (Cognyte Software) Cash And Cash Equivalents : $74.5 Mil (As of Jan. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Cognyte Software Cash And Cash Equivalents?

Cognyte Software's quarterly cash and cash equivalents increased from Jul. 2023 ($48.47 Mil) to Oct. 2023 ($49.59 Mil) and increased from Oct. 2023 ($49.59 Mil) to Jan. 2024 ($74.48 Mil).

Cognyte Software's annual cash and cash equivalents declined from Jan. 2022 ($152.59 Mil) to Jan. 2023 ($34.58 Mil) but then increased from Jan. 2023 ($34.58 Mil) to Jan. 2024 ($74.48 Mil).

Cognyte Software Cash And Cash Equivalents Historical Data

The historical data trend for Cognyte Software's Cash And Cash Equivalents 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.

Cognyte Software Cash And Cash Equivalents Chart

Cognyte Software Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash And Cash Equivalents

Get a 7-Day Free Trial

201.09

78.57

152.59

34.58

74.48

Cognyte Software Quarterly Data
	Jan19	Jul19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial														34.58	44.50	48.47	49.59	74.48

Cognyte Software Cash And Cash Equivalents 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.

Cognyte Software (NAS:CGNT) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Cognyte Software Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Cognyte Software's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Cognyte Software (Cognyte Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cognyte Software Ltd (NAS:CGNT) » Definitions » Cash And Cash Equivalents

Comparable Companies

BAND CORZQ PRTH OSPN RXT LSAK LVOX BLZE REKR TCX MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

81M:Germany 81M:Germany

Address

33 Maskit, Herzliya, Pituach, ISR, 4673333

Website

https://www.cognyte.com

Cognyte Software Ltd provides security analytics software that empowers governments and enterprises with Actionable Intelligence. The company's solutions accelerate security investigations and connect the dots to successfully identify, neutralize, and prevent national security, personal safety, business continuity, and cyber threats.