SanDisk (SanDisk) Cash, Cash Equivalents, Marketable Securities : $4,521 Mil (As of Mar. 2016)

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What is SanDisk Cash, Cash Equivalents, Marketable Securities?

SanDisk's quarterly cash, cash equivalents, marketable securities increased from Sep. 2015 ($1,698.69 Mil) to Dec. 2015 ($4,006.19 Mil) and increased from Dec. 2015 ($4,006.19 Mil) to Mar. 2016 ($4,521.29 Mil).

SanDisk's annual cash, cash equivalents, marketable securities declined from Dec. 2013 ($2,905.86 Mil) to Dec. 2014 ($2,264.51 Mil) but then increased from Dec. 2014 ($2,264.51 Mil) to Dec. 2015 ($4,006.19 Mil).

SanDisk Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for SanDisk'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.

SanDisk Cash, Cash Equivalents, Marketable Securities Chart

SanDisk Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash, Cash Equivalents, Marketable Securities

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2,848.99

2,875.50

2,905.86

2,264.51

4,006.19

SanDisk Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,997.48	1,764.01	1,698.69	4,006.19	4,521.29

SanDisk 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.

SanDisk (NAS:SNDK) 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.

SanDisk Cash, Cash Equivalents, Marketable Securities Related Terms

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SanDisk (SanDisk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SanDisk Corp (NAS:SNDK) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.sandisk.com

SanDisk Corp was incorporated in Delaware in June 1988. The Company designs, develops and manufactures data storage solutions in a variety of form factors using flash memory, controller, firmware and software technologies. Its solutions include SSDs, embedded products, removable cards, universal serial bus, or USB, drives, wireless media drives, digital media players and wafers and components. The Company's SSD products are used in both client computing platforms and enterprise data centers. Its embedded flash products are used in mobile phones, tablets, computing platforms, imaging devices, and many other products. Its removable cards are used in consumer electronics devices such as mobile phones, tablets, digital cameras, gaming devices and personal computers or PCs. The Company operates in one segment, flash memory storage products. It operates in United States, China, Taiwan, Other Asia-Pacific & Europe, Middle East and Africa. The Company competes with NAND flash memory manufacturers, including Hynix, Intel, Micron Technology, Inc., or Micron, Samsung and Toshiba. The Company's primary competitors currently include, among others, Kingston Technology Company, Inc., or Kingston, Lexar Media, Inc., or Lexar, a subsidiary of Micron, PNY Technologies, Inc., or PNY, Samsung, Sony and Transcend Information, Inc., or Transcend. In the USB flash drive market. SanDisk is the Company's trademark, and is registered in the U.S. and other countries.

Executives

Judy Bruner	officer: Exec. VP, Administration, CFO	C/O SANDISK CORPORATION, 601 MCCARTHY BLVD., MILPITAS CA 95035
Mark David Brazeal	officer: SVP, Chief Legal Officer & IP	1320 RIDDER PARK DRIVE, SAN JOSE CA 95131
Eddy W Hartenstein	director
Chenming Hu	director	2060 PEBBLE DRIVE, ALAMO CA 94507
Catherine P Lego	director	C/O GUIDEWIRE SOFTWARE, INC., 970 PARK PL, SUITE 200, SAN MATEO CA 94403
Michael E Marks	director
Steven J Gomo	director	495 E. JAVA DRIVE, SUNNYVALE CA 94089
Sanjay Mehrotra	director, officer: President/CEO	C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Robertson Donald F Jr	officer: VP & Chief Accounting Officer	C/O NVIDIA CORPORATION, 2788 SAN TOMAS EXPRESSWAY, SANTA CLARA CA 95051
Srinivasan Sivaram	officer: EVP, Memory Technology	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Irwin Federman	director	2735 SAND HILL ROAD, MENLO PARK CA 94025
Sumit Sadana	officer: EVP, CSO & GM Enterprise	47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Eric S Whitaker	officer: SVP & Senior Legal Officer
Kevin A Denuccio	director	300 HOLGER WAY, SAN JOSE CA 95134
Randhir Thakur	officer: EVP,Technology & Worldwide Ops	C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039