Rumble (Rumble) Cash, Cash Equivalents, Marketable Securities : $183.84 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Rumble Cash, Cash Equivalents, Marketable Securities?

Rumble's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 ($267.02 Mil) to Dec. 2023 ($219.47 Mil) but then stayed the same from Dec. 2023 ($219.47 Mil) to Mar. 2024 ($183.84 Mil).

Rumble's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($46.85 Mil) to Dec. 2022 ($338.27 Mil) but then declined from Dec. 2022 ($338.27 Mil) to Dec. 2023 ($219.47 Mil).

Rumble Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Rumble'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.

Rumble Cash, Cash Equivalents, Marketable Securities Chart

Rumble Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

1.89

1.45

46.85

338.27

219.47

Rumble Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										326.31	296.66	267.02	219.47	183.84

Rumble 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.

Rumble (NAS:RUM) 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.

Rumble Cash, Cash Equivalents, Marketable Securities Related Terms

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

Rumble (Rumble) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

444 Gulf of Mexico Dr, Longboat Key, FL, USA, 34228

Website

https://www.rumble.com

Rumble Inc is a free-to-use video-sharing platform where users can watch, share, like, comment, and upload their own videos. Users can subscribe to channels to stay in touch with recent creator content and access video-on-demand uploaded, and live content streamed, by creators. Geographically, it generates a majority of its revenue from the US.

Executives

Ryan Milnes	director, 10 percent owner	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
David O Sacks	director	855 FRONT STREET, SAN FRANCISCO CA 94111
Paul T Cappuccio	director	TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Michael Jay Ellis	officer: Gen.Counsel & Corp. Sectry	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Tyler Hughes	officer: Chief Operating Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Wojciech Hlibowicki	officer: Chief Technology Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Robert Arsov	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Brandon Alexandroff	officer: Chief Financial Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Cfac Holdings Vi, Llc	10 percent owner	110 EAST 59TH STREET, NEW YORK NY 10022
Nancy Armstrong	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ethan Fallang	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Claudio Ramolo	officer: Chief Content Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Christopher Pavlovski	director, 10 percent owner, officer: Chief Executive Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Natasha Cornstein	director	CF ACQUISITION CORP. V, 110 EAST 59TH STREET, NEW YORK NY 10022
Steven Bisgay	director	545 WASHINGTON BLVD, JERSEY CITY NJ 07310