Lightning eMotors (Lightning eMotors) Cash, Cash Equivalents, Marketable Securities : $6.02 Mil (As of Sep. 2023)

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What is Lightning eMotors Cash, Cash Equivalents, Marketable Securities?

Lightning eMotors's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 ($35.45 Mil) to Jun. 2023 ($12.62 Mil) but then stayed the same from Jun. 2023 ($12.62 Mil) to Sep. 2023 ($6.02 Mil).

Lightning eMotors's annual cash, cash equivalents, marketable securities increased from Dec. 2020 ($0.46 Mil) to Dec. 2021 ($168.54 Mil) but then declined from Dec. 2021 ($168.54 Mil) to Dec. 2022 ($56.01 Mil).

Lightning eMotors Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Lightning eMotors'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.

Lightning eMotors Cash, Cash Equivalents, Marketable Securities Chart

Lightning eMotors Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

1.30

0.46

168.54

56.01

Lightning eMotors Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										95.80	56.01	35.45	12.62	6.02

Lightning eMotors 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.

Lightning eMotors (OTCPK:ZEVY) 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.

Lightning eMotors Cash, Cash Equivalents, Marketable Securities Related Terms

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Lightning eMotors (Lightning eMotors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lightning eMotors Inc (OTCPK:ZEVY) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

815 14th Street South West, Suite A100, Loveland, CO, USA, 80537

Website

https://www.lightningemotors.com

Lightning eMotors Inc is engaged in designing and manufacturing zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. Its product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances, and electric powertrains for school buses, transit buses, and motor coaches. Its product solutions help its customers reduce their greenhouse gas emissions, lower operating costs and improve energy efficiency.

Executives

Rosella Holdings Ltd	10 percent owner	TRAFALGAR COURT, 3RD FLOOR, WEST WING, LES BANQUES, ST PETER PORT Y7 GY1 2JA
David Agatston	officer: Chief Financial Officer	C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Wanda Jackson-davis	director	C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Shashi Seth	officer: Chief Revenue Officer	3080 SOUTH CT, PALO ALTO CA 94306
Jack Kenneth P. Jr.	director	815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Robert Fenwick-smith	director	C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Bruce Coventry	director	C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Timothy Reeser	director, officer: Chief Executive Officer	C/O LIGHTNING EMOTORS, INC., 815 14TH STREET SW, SUITE A100, LOVELAND CO 80537
Teresa Covington	officer: Chief Financial Officer	C/O AEROVIRONMENT, INC., 181 W. HUNTINGTON DR., SUITE 202, MONROVIA CA 91016
Raluca Dinu	director	C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Diana D Tremblay	director	2111 NORTH MOLTER ROAD, LIBERTY LAKE WA 99019
Thaddeus Senko	director	C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-11164
Andrea Betti-berutto	other: former director	C/O GIGCAPITAL3, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Peter S Wang	other: former director	GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
John J Mikulsky	other: former director	C/O KALEYRA, INC., 1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303