Personas Socialorporated (TSXV:PRSN) Cash, Cash Equivalents, Marketable Securities : C$0.14 Mil (As of Dec. 2023)

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What is Personas Socialorporated Cash, Cash Equivalents, Marketable Securities?

Personas Socialorporated's quarterly cash, cash equivalents, marketable securities increased from Mar. 2023 (C$0.05 Mil) to Sep. 2023 (C$0.32 Mil) but then stayed the same from Sep. 2023 (C$0.32 Mil) to Dec. 2023 (C$0.14 Mil).

Personas Socialorporated's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (C$0.10 Mil) to Dec. 2022 (C$0.03 Mil) but then increased from Dec. 2022 (C$0.03 Mil) to Dec. 2023 (C$0.14 Mil).

Personas Socialorporated Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Personas Socialorporated'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.

Personas Socialorporated Cash, Cash Equivalents, Marketable Securities Chart

Personas Socialorporated Annual Data

Trend

May13

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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0.22

0.03

0.10

0.03

0.14

Personas Socialorporated Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															0.05	0.03	0.05	0.32	0.14

Personas Socialorporated 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.

Personas Socialorporated (TSXV:PRSN) 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.

Personas Socialorporated Cash, Cash Equivalents, Marketable Securities Related Terms

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Personas Socialorporated (TSXV:PRSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Personas Social Incorporated (TSXV:PRSN) » Definitions » Cash, Cash Equivalents, Marketable Securities

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PRSNF:USA 3PP1:Germany

Address

1 Yonge Street, Floor 18, Toronto, ON, CAN, M5E 1W7

Website

https://www.personas.com

Personas Social Incorporated is a Canada-based company engaged in the business of offering live video conferencing technology, live streaming, social media products and services for use by consumers and businesses, with a focus on mobile (iOS and Android) products. It focuses on providing social commerce-enabled products which allow for a monetizable user experience to all users, consumers and businesses alike. The company accomplishes this by offering products which are complete with enterprise-grade e-commerce infrastructure including multi-currency, multi-lingual, turnkey mobile commerce suites for users.

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