ADT (ADT) Cash And Cash Equivalents

: $15 Mil (As of Dec. 2023)

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ADT's quarterly cash and cash equivalents increased from Jun. 2023 ($146.44 Mil) to Sep. 2023 ($238.58 Mil) but then stayed the same from Sep. 2023 ($238.58 Mil) to Dec. 2023 ($14.62 Mil).

ADT's annual cash and cash equivalents increased from Dec. 2021 ($24.45 Mil) to Dec. 2022 ($257.22 Mil) but then declined from Dec. 2022 ($257.22 Mil) to Dec. 2023 ($14.62 Mil).

ADT Cash And Cash Equivalents Historical Data

The historical data trend for ADT's Cash And Cash Equivalents 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.

ADT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

48.74

205.00

24.45

257.22

14.62

ADT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents																257.22	186.32	146.44	238.58	14.62

ADT Cash And Cash Equivalents 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.

ADT (NYSE:ADT) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

ADT Cash And Cash Equivalents Related Terms

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ADT (ADT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ADT Inc (NYSE:ADT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

541:Germany

Address

1501 Yamato Road, Boca Raton, FL, USA, 33431

Website

https://www.adt.com

ADT Inc is a provider of monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. It offers residential, commercial, and multi-site customers a comprehensive set of burglary, video, access control, fire and smoke alarm, and medical alert solutions. The company segments include Consumer and Small Business (CSB), Commercial, and Solar. It generates maximum revenue from the Commercial segment.

Executives

David A. Scott	officer: EVP, Chief People & Admin. Off	9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Marques Coleman	director	1501 YAMATO ROAD, BOCA RATON FL 33431
Nicole Bonsignore	director	1501 YAMATO ROAD, BOCA RATON FL 33431
Wayne Thorsen	officer: EVP, Chief Business Officer	3892 RONDA ROAD, PEBBLE BEACH CA 93953
Delu Jackson	officer: EVP, Chief Marketing Officer	650 TENNIS CLUB DRIVE, APT. L107, FORT LAUDERDALE FL 33311
Jamie Elizabeth Haenggi	officer: SVP, Chief Sales & Mktg. Off.	1501 YAMATO ROAD, BOCA RATON FL 33431
Kenneth Porpora	officer: SVP, Chief Growth Officer	1501 YAMATO ROAD, BOCA RATON FL 33431
James David Devries	officer: President	ALLSTATE INSURANCE COMPANY, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Donald M. Young	officer: SVP & Chief Info Off.	1501 YAMATO ROAD, BOCA RATON FL 33431
David W Smail	officer: EVP, CLO and Secretary	1501 YAMATO ROAD, BOCA RATON FL 33431
Daniel Bresingham	officer: EVP, Chief Admin. Off. & Treas	1501 YAMATO ROAD, BOCA RATON FL 33431
State Farm Mutual Automobile Insurance Co	10 percent owner	ONE STATE FARM PLAZA, BLOOMINGTON IL 61710
Paul Joseph Smith	director	ONE STATE FARM PLAZA E-12, BLOOMINGTON IL 61710-0001
Lewis William M Jr	director	9 WEST 57TH STREET, NEW YORK NY 10019
Benjamin Honig	director	1501 YAMATO ROAD, BOCA RATON FL 33431