Palladyne AI (Palladyne AI) Cash, Cash Equivalents, Marketable Securities : $39.09 Mil (As of Dec. 2023)

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What is Palladyne AI Cash, Cash Equivalents, Marketable Securities?

Palladyne AI's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($75.15 Mil) to Sep. 2023 ($55.12 Mil) but then stayed the same from Sep. 2023 ($55.12 Mil) to Dec. 2023 ($39.09 Mil).

Palladyne AI's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($217.11 Mil) to Dec. 2022 ($114.50 Mil) and declined from Dec. 2022 ($114.50 Mil) to Dec. 2023 ($39.09 Mil).

Palladyne AI Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Palladyne AI'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.

Palladyne AI Cash, Cash Equivalents, Marketable Securities Chart

Palladyne AI Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

33.66

217.11

114.50

39.09

Palladyne AI Quarterly Data
	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									114.50	94.72	75.15	55.12	39.09

Palladyne AI 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.

Palladyne AI (NAS:PDYN) 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.

Palladyne AI Cash, Cash Equivalents, Marketable Securities Related Terms

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Palladyne AI (Palladyne AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Palladyne AI Corp (NAS:PDYN) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 South 500 West, Suite 150, Salt Lake City, UT, USA, 84101

Website

https://www.sarcos.com

Sarcos Technology & Robotics Corp designs, develops and manufactures a broad range of advanced mobile robotic systems that redefine human possibilities and are designed to enable the safest, most productive workforce in the world. The company operates in challenging, unstructured industrial environments and includes teleoperated robotic systems, a powered robotic exoskeleton, and software solutions that enable task autonomy.

Executives

Brian D Finn	director	C/O BLACKROCK KELSO CAPITAL CORPORATION, 40 EAST 52ND STREET, NEW YORK NY 10022
Matthew Vogt	officer: Chief Revenue Officer	C/O SARCOS TECHNOLOGY AND ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Stephen Sonne	officer: Chief Legal Officer	C/O SARCOS TECHNOLOGY & ROBOTICS CORP, 650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Denis Garagic	officer: Chief Technology Officer	650 SOUTH 500 WEST, SALT LAKE CITY UT 84101
Andrew Hamer	officer: Chief Financial Officer	777 MARINERS ISLAND BLVD, SAN MATEO CA 94404
Jorgen Pedersen	officer: Chief Operating Officer	650 SOUTH 500 WEST, SUITE 150, SALT LAKE CITY UT 84101
Kiva A. Allgood	director, officer: President & CEO	C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Fraser Smith	10 percent owner, officer: Chief Innovation Officer	360 WAKARA WAY, SALT LAKE CITY UT 84108
Marc Olivier	10 percent owner	360 WAKARA WAY, SALT LAKE CITY UT 84108
Steven Q. Hansen	officer: Chief Financial Officer	360 WAKARA WAY, SALT LAKE CITY UT 84108
Matthew Shigenobu Muta	director	360 WAKARA WAY, SALT LAKE CITY UT 84108
Priya Balasubramaniam	director	360 WAKARA WAY, SALT LAKE CITY UT 84108
Kristi Martindale	officer: EVP, Ch. Product & Market Off	360 WAKARA WAY, SALT LAKE CITY UT 84108
Marian Joh	officer: Chief Operating Officer	360 WAKARA WAY, SALT LAKE CITY UT 84108
Peter S Klein	director	C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399