Infobird Co (Infobird Co) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Jun. 2023)

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What is Infobird Co Cash, Cash Equivalents, Marketable Securities?

Infobird Co's quarterly cash, cash equivalents, marketable securities declined from Jun. 2022 ($8.08 Mil) to Dec. 2022 ($7.74 Mil) but then stayed the same from Dec. 2022 ($7.74 Mil) to Jun. 2023 ($0.00 Mil).

Infobird Co's annual cash, cash equivalents, marketable securities increased from Dec. 2020 ($1.68 Mil) to Dec. 2021 ($13.39 Mil) but then declined from Dec. 2021 ($13.39 Mil) to Dec. 2022 ($7.74 Mil).

Infobird Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Infobird Co'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.

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Infobird Co Cash, Cash Equivalents, Marketable Securities Chart

Infobird Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

2.71

3.51

1.68

13.39

7.74

Infobird Co Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial					-	13.39	8.08	7.74	-

Infobird Co 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.

Infobird Co (NAS:IFBD) 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.

Infobird Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Infobird Co (Infobird Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Infobird Co Ltd (NAS:IFBD) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Courtyard, Lize Zhongyi Road, Boya International Center, Building 2, Room 12A06, Block A, Chaoyang District, Beijing, CHN, 100102

Website

https://www.infobird.com

Infobird Co Ltd is engaged in developing and providing customer engagement cloud-based services. It software-as-a-service, provider of innovative AI-powered, or artificial intelligence enabled, customer engagement solutions in China. It provides holistic software solutions to help corporate clients proactively deliver and manage end-to-end customer engagement activities at all stages of the sales process including pre-sales and sales activities and post-sales customer support. It also offer AI-powered cloud-based sales force management software including intelligent quality inspection and intelligent training software to help clients monitor, benchmark and improve the performances of agents.