Astra Space (Astra Space) Cash, Cash Equivalents, Marketable Securities : $3.95 Mil (As of Dec. 2023)

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What is Astra Space Cash, Cash Equivalents, Marketable Securities?

Astra Space's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($26.32 Mil) to Sep. 2023 ($13.87 Mil) but then stayed the same from Sep. 2023 ($13.87 Mil) to Dec. 2023 ($3.95 Mil).

Astra Space's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($325.01 Mil) to Dec. 2022 ($102.82 Mil) and declined from Dec. 2022 ($102.82 Mil) to Dec. 2023 ($3.95 Mil).

Astra Space Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Astra Space'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.

Astra Space Cash, Cash Equivalents, Marketable Securities Chart

Astra Space Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

10.61

325.01

102.82

3.95

Astra Space Quarterly Data
	Dec19	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											102.82	62.75	26.32	13.87	3.95

Astra Space 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.

Astra Space (NAS:ASTR) 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.

Astra Space Cash, Cash Equivalents, Marketable Securities Related Terms

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Astra Space (Astra Space) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Astra Space Inc (NAS:ASTR) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Skyhawk Street, Alameda, CA, USA, 94501

Website

https://www.astra.com

Astra Space Inc is a technology company that provides space services, including satellite launch services and other space services, based on a proprietary, vertically integrated technology platform. It offers launch services, space products, and space services to achieve its space services platform model.

Executives

Scott Stanford	director, 10 percent owner	C/O PERSONALIZED BEAUTY DISCOVERY, INC., 201 BALDWIN AVENUE, SAN MATEO CA 94401
Axel Martinez	officer: Chief Financial Officer	418 STARVIEW DRIVE, DANVILLE CA 94526
Julie A Cullivan	director	17800 N 85TH ST, SCOTTSDALE AZ 85255
Chris Kemp	director, 10 percent owner, officer: See Remarks	1900 SKYHAWK STREET, ALAMEDA CA 94501
A/npc Holdings Llc	10 percent owner	6350 COURT STREET, EAST SYRACUSE NY 13057
Michael E Lehman	director
Michele Angelique Flournoy	director	3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Craig Mccaw	director	EAGLE RIVER INC, 2300 CARILLON POINT, KIRKLAND WA 98033
Lisa Nelson	director	1920 4TH AVENUE #1111, SEATTLE WA 98101
Advance Publications, Inc	10 percent owner	950 FINGERBOARD ROAD, STATEN ISLAND NY 10305
Benjamin Lyon	officer: See Remarks	1900 SKYHAWK STREET, ALAMEDA CA 94501
Martin Attiq	officer: Chief Business Officer	1900 SKYHAWK STREET, ALAMEDA CA 94501
Adam London	director, 10 percent owner, officer: Chief Technology Officer	1900 SKYHAWK STREET, ALAMEDA CA 94501
Sherpaventures Fund Ii Gp, Llc	10 percent owner	505 HOWARD STREET, SUITE 201, SAN FRANCISCO CA 94105
Sherpaventures Fund Ii, Lp	10 percent owner	505 HOWARD STREET, SUITE 201, SAN FRANCISCO CA 94105