Sangoma Technologies (TSX:STC) Cash And Cash Equivalents : C$24.9 Mil (As of Mar. 2024)

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What is Sangoma Technologies Cash And Cash Equivalents?

Sangoma Technologies's quarterly cash and cash equivalents declined from Sep. 2023 (C$15.07 Mil) to Dec. 2023 (C$14.17 Mil) but then increased from Dec. 2023 (C$14.17 Mil) to Mar. 2024 (C$24.89 Mil).

Sangoma Technologies's annual cash and cash equivalents declined from Jun. 2021 (C$27.00 Mil) to Jun. 2022 (C$16.26 Mil) and declined from Jun. 2022 (C$16.26 Mil) to Jun. 2023 (C$14.82 Mil).

Sangoma Technologies Cash And Cash Equivalents Historical Data

The historical data trend for Sangoma 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.

Sangoma Technologies Cash And Cash Equivalents Chart

Sangoma Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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11.87

27.10

27.00

16.26

14.82

Sangoma Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															10.96	14.82	15.07	14.17	24.89

Sangoma 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.

Sangoma Technologies (TSX:STC) 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.

Sangoma Technologies Cash And Cash Equivalents Related Terms

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Sangoma Technologies (TSX:STC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sangoma Technologies Corp (TSX:STC) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

SANG:USA 54GA:Germany

Address

100 Renfrew Drive, Suite 100, Markham, ON, CAN, L3R 9R6

Website

https://www.sangoma.com

Sangoma Technologies Corp is a provider of hardware and software components that enable Internet protocol communications systems for both telecom and datacom applications. It is engaged in the development, manufacturing, distribution, and support of voice and data connectivity components for software-based communication applications. Its product includes Cloud Services, Video Conferencing, Carrier Services, Business Phone Systems, Phones & Devices, and Network Connectivity. The company sells into three major geographic centers: the United States of America, which is the key revenue driver, Canada, and other foreign countries.

Executives

Nenad Corbic	Senior Officer
Jamie Minner	Senior Officer
Samantha Reburn	Senior Officer
Lawrence A. Stock	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)