What is Terran Orbital Cash, Cash Equivalents, Marketable Securities?
Terran Orbital's quarterly cash, cash equivalents, marketable securities
increased
from Sep. 2023 ($38.68 Mil) to Dec. 2023 ($71.66 Mil) but then
stayed the same
from Dec. 2023 ($71.66 Mil) to Mar. 2024 ($43.70 Mil).
Terran Orbital's annual cash, cash equivalents, marketable securities
increased
from Dec. 2021 ($27.33 Mil) to Dec. 2022 ($93.56 Mil) but then
declined
from Dec. 2022 ($93.56 Mil) to Dec. 2023 ($71.66 Mil).
Terran Orbital Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for Terran Orbital'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.
Terran Orbital Cash, Cash Equivalents, Marketable Securities Chart
Terran Orbital 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.
Terran Orbital (NYSE:LLAP) 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.
Terran Orbital Cash, Cash Equivalents, Marketable Securities Related Terms
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Terran Orbital (Terran Orbital) Business Description
Terran Orbital Corp is a vertically integrated provider of end-to-end satellite solutions. The company combines satellite design, production, launch planning, mission operations, and in-orbit support to meet the needs of the demanding military, civil and commercial customers. The company operates in two segments: the Satellite Solutions segment primarily consists of the design, build, and operation of satellites, and the Earth Observation Solutions segment was created to develop, build, launch, and operate a constellation of company-owned Earth observation satellites featuring synthetic aperture radar (SAR) capabilities to provide Earth observation data and mission solutions.
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