Faro Technologies (Faro Technologies) Cash And Cash Equivalents : $76.8 Mil (As of Dec. 2023)

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What is Faro Technologies Cash And Cash Equivalents?

Faro Technologies's quarterly cash and cash equivalents increased from Jun. 2023 ($68.23 Mil) to Sep. 2023 ($79.92 Mil) but then stayed the same from Sep. 2023 ($79.92 Mil) to Dec. 2023 ($76.79 Mil).

Faro Technologies's annual cash and cash equivalents declined from Dec. 2021 ($121.99 Mil) to Dec. 2022 ($37.81 Mil) but then increased from Dec. 2022 ($37.81 Mil) to Dec. 2023 ($76.79 Mil).

Faro Technologies Cash And Cash Equivalents Historical Data

The historical data trend for Faro Technologies'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.

Faro Technologies Cash And Cash Equivalents Chart

Faro Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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133.63

185.63

121.99

37.81

76.79

Faro Technologies 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	Get a 7-Day Free Trial															37.81	68.56	68.23	79.92	76.79

Faro Technologies 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.

Faro Technologies (NAS:FARO) 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.

Faro Technologies Cash And Cash Equivalents Related Terms

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Faro Technologies (Faro Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Faro Technologies Inc (NAS:FARO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

FT1:Germany

Address

250 Technology Park, Lake Mary, FL, USA, 32746

Website

https://www.faro.com

Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.

Executives

Alexander M Davern	director	C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Peter James Lau	director, officer: President and CEO	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rotterdam Jeroen Van	director	851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Yuval Wasserman	director	1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Stephen Cole	director	125 TECHNOLOGY PARK, LAKE MARY FL 32746
John Donofrio	director	ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111
Jawad A Ahsan	director	17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey D Sexton	officer: Vice President of Global Sales	1519 MONTEVAL PLACE, SAN JOSE CA 95120
Rajani Ramanathan	director	C/O GUIDEWIRE SOFTWARE, INC., 2850 S DELAWARE STREET, S-400, SAN MATEO CA 94403
Moonhie Chin	director	AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Kevin Beadle	officer: Senior Vice President, Sales	1601 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Katrona Tyrrell	officer: Chief People Officer	C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Yazid Tohme	officer: Chief R&D Officer	C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Allen L. Muhich	officer: Chief Financial Officer	250 TECHNOLOGY PARK, LAKE MARY FL 32746
Michael D Burger	director, officer: President and CEO	250 TECHNOLOGY PARK, LAKE MARY FL 32746