Marti Technologies (Marti Technologies) Cash And Cash Equivalents : $19.42 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Marti Technologies Cash And Cash Equivalents?

Marti Technologies's quarterly cash and cash equivalents declined from Dec. 2022 ($10.50 Mil) to Sep. 2023 ($3.97 Mil) but then increased from Sep. 2023 ($3.97 Mil) to Dec. 2023 ($19.42 Mil).

Marti Technologies's annual cash and cash equivalents declined from Dec. 2021 ($13.22 Mil) to Dec. 2022 ($10.50 Mil) but then increased from Dec. 2022 ($10.50 Mil) to Dec. 2023 ($19.42 Mil).

Marti Technologies Cash And Cash Equivalents Historical Data

The historical data trend for Marti Technologies'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.

Marti Technologies Cash And Cash Equivalents Chart

Marti Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

3.50

13.22

10.50

19.42

Marti Technologies Quarterly Data
	Dec20	Sep21	Dec21	Sep22	Dec22	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			13.22	4.80	10.50	3.97	19.42

Marti Technologies 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.

Marti Technologies (AMEX:MRT) 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.

Marti Technologies Cash And Cash Equivalents Related Terms

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

Marti Technologies (Marti Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marti Technologies Inc (AMEX:MRT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

2001 S Street NW, Suite 320, Washington, DC, USA, 20009

Website

https://www.marti.tech

Marti Technologies Inc is a mobility app, operating a fleet of over 48,000 e-mopeds, e-bikes, and e-scooters, serviced by proprietary software systems and IoT infrastructure.

Executives

Adam S Metz	director	110 NORTH WACKER DRIVE, CHICAGO IL 60606
Shelley Guiley	director	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Kemal Kaya	director, officer: Chief Executive Officer	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Michael Tanzer	officer: Chief Financial Officer	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Daniel Freifeld	director, 10 percent owner, officer: President and CIO	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Galata Acquisition Sponsor Llc	10 percent owner	2001 S STREET NW, SUITE 320, WASHINGTON DC 20009
Timothy Michael Shannon	director	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009