What is Nasdaq Cash, Cash Equivalents, Marketable Securities?
Nasdaq‘s quarterly cash, cash equivalents, marketable securities
declined
from Dec. 2023 ($641.00 Mil) to Mar. 2024 ($561.00 Mil) but then
increased
from Mar. 2024 ($561.00 Mil) to Jun. 2024 ($590.00 Mil).
Nasdaq‘s annual cash, cash equivalents, marketable securities
increased
from Dec. 2021 ($601.00 Mil) to Dec. 2022 ($683.00 Mil) but then
declined
from Dec. 2022 ($683.00 Mil) to Dec. 2023 ($641.00 Mil).
Nasdaq Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for Nasdaq‘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.
Nasdaq Cash, Cash Equivalents, Marketable Securities Chart
Nasdaq 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.
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.
Nasdaq Cash, Cash Equivalents, Marketable Securities Related Terms
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Nasdaq Business Description
Traded in Other Exchanges
Address
151 W. 42nd Street, New York, NY, USA, 10036
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq’s corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company’s market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.
Executives
| Adenza Parent, Lp | director, 10 percent owner | ONE MARKET PLAZA, SPEAR TOWER, SUITE 2400, SAN FRANCISCO CA 94150 |
| Spaht Paul Holden Jr. | director | 600 MONTGOMERY STREET, 20TH FLOOR, SAN FRANCISCO CA 94111 |
| Thoma Bravo Ugp, Llc | director, 10 percent owner | 110 N. WACKER DRIVE, 32ND FLOOR, CHICAGO IL 60606 |
| Ann M Dennison | officer: Controller and Prin Acctg Ofcr | ONE LIBERTY PLAZA, NEW YORK NY 10006 |
| Johan Torgeby | director | 151 W. 42ND STREET, NEW YORK NY 10036 |
| Jeffery W Yabuki | director | 255 FISERV DRIVE, BROOKFIELD WI 53045 |
| Adena T Friedman | officer: Executive Vice President | 1801 K STREET, N.W., WASHINGTON DC 20006 |
| Michael R Splinter | director | |
| Steven D Black | director | C/O JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
| Bryan Everard Smith | officer: Executive Vice President | 151 W. 42ND STREET, NEW YORK NY 10036 |
| Michelle Lynn Daly | officer: Controller and Prin Acctg Ofcr | 151 W. 42ND STREET, NEW YORK NY 10036 |
| Brendan Brothers | officer: Interim Head of AFC | 151 W. 42ND STREET, NEW YORK NY 10036 |
| Jeremy Skule | officer: Executive Vice President | ONE LIBERTY PLAZA, NEW YORK MD 20850 |
| Bradley J Peterson | officer: Executive Vice President | ONE LIBERTY PLAZA, NEW YORK NY 10006 |
| Pc Nelson Griggs | officer: Executive Vice President | ONE LIBERTY PLAZA, NEW YORK NY 10006 |
