Alkami Technology (Alkami Technology) Cash, Cash Equivalents, Marketable Securities : $87.3 Mil (As of Mar. 2024)

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

What is Alkami Technology Cash, Cash Equivalents, Marketable Securities?

Alkami Technology's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 ($178.25 Mil) to Dec. 2023 ($92.12 Mil) but then stayed the same from Dec. 2023 ($92.12 Mil) to Mar. 2024 ($87.30 Mil).

Alkami Technology's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($308.58 Mil) to Dec. 2022 ($196.36 Mil) and declined from Dec. 2022 ($196.36 Mil) to Dec. 2023 ($92.12 Mil).

Alkami Technology Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Alkami Technology'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.

Alkami Technology Cash, Cash Equivalents, Marketable Securities Chart

Alkami Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

11.98

166.79

308.58

196.36

92.12

Alkami Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial													185.40	176.31	178.25	92.12	87.30

Alkami Technology 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.

Alkami Technology (NAS:ALKT) 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.

Alkami Technology Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Alkami Technology's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Alkami Technology (Alkami Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alkami Technology Inc (NAS:ALKT) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

ALKT:Mexico

Address

5601 Granite Parkway, Suite 120, Plano, TX, USA, 75024

Website

https://www.alkami.com

Alkami is a cloud-based digital banking solutions provider. Alkami Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency with the support of a proprietary, true cloud-based, multi-tenant architecture.

Executives

W Bryan Hill	officer: Chief Financial Officer
Douglas A. Linebarger	officer: Chief Legal Officer	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Stephen Bohanon	officer: Chf. Strategist & Sales Offr.	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Maria Ines Alvarez	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Michael D Hansen	director, officer: Chief Executive Officer
Kristy Ramundi	officer: Chief Accounting Officer	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Alex Shootman	director, officer: Chief Executive Officer	1301 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Barbara A. Yastine	director	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Raphael Osnoss	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Gary Lynn Nelson	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
H Eugene Lockhart	director	OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947
Charles Kane	director	289 TURNPIKE RD, WESTBORO MA 01581
Christopher Todd Clark	director	3250 BRIAR PARK, SUITE 400, HOUSTON TX 77042
Merline Saintil	director	10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Steven R Mitchell	director	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532