Innodata (Innodata) Cash And Cash Equivalents

: $13.81 Mil (As of Dec. 2023)

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Innodata's quarterly cash and cash equivalents increased from Jun. 2023 ($13.65 Mil) to Sep. 2023 ($14.81 Mil) but then stayed the same from Sep. 2023 ($14.81 Mil) to Dec. 2023 ($13.81 Mil).

Innodata's annual cash and cash equivalents declined from Dec. 2021 ($18.90 Mil) to Dec. 2022 ($9.79 Mil) but then increased from Dec. 2022 ($9.79 Mil) to Dec. 2023 ($13.81 Mil).

Innodata Cash And Cash Equivalents Historical Data

The historical data trend for Innodata'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.

Innodata Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

10.87

17.57

18.90

9.79

13.81

Innodata 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																9.79	10.33	13.65	14.81	13.81

Innodata 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.

Innodata (NAS:INOD) 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.

Innodata Cash And Cash Equivalents Related Terms

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Innodata (Innodata) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Innodata Inc (NAS:INOD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ID6:Germany

Address

55 Challenger Road, Ridgefield Park, NJ, USA, 07660

Website

https://www.innodata.com

Innodata Inc is a digital services and solutions company. It provides technology and services to information products and online retail destinations. The company has three operating segments: Digital data solutions, Synodex, and Agility. It serves publishers, media and information companies, digital retailers, banks, insurance companies, government agencies, and other industries. Geographically, it operates in the United States, United Kingdom, Netherlands, Canada, and Europe.

Executives

Nauman Sabeeh Toor	10 percent owner	C/O INNODATA INC., 55 CHALLENGER ROAD, SUITE 202, RIDGEFIELD PARK NJ 07660
Marissa B Espineli	officer: Interim CFO	55 CHALLENGER ROAD, SUITE 202, RIDGEFIELD PARK NJ 07660
Jack Abuhoff	director, officer: Chairman, CEO, President	THREE UNIVERSITY PLAZA, HACKENSACK NJ 07601
Louise C Forlenza	director	55 CHALLENGER ROAD, RIDGEFIELD PARK NJ 07660
Stewart R Massey	director	3 UNIVERSITY PLAZA, SUITE 506, HACKENSACK NJ 07601
Ashok Mishra	officer: Vice President, Project Deliv	C/O INNODATA ISOGEN, INC., THREE UNIVERSITY PLAZA, HACKENSACK NJ 07601
Mark A Spelker	officer: EVP & Chief Financial Officer	55 CHALLENGER ROAD, SUITE 202, RIDGEFIELD PARK NJ 07660
David B Atkinson	director	C/O INNODATA INC., 55 CHALLENGER ROAD, RIDGEFIELD PARK NJ 07660
Luzich Partners Llc	10 percent owner	5055 W PATRICK LN, SUITE 104, LAS VEGAS NV 89118
Robert Michael O'connor	officer: Chief Financial Officer	53 SORREL RUN, MT. LAUREL NJ 08054
Douglas J Manoni	director	C/O INNODATA INC, 55 CHALLENGER ROAD, RIDGEFIELD PARK NJ 07660
Brian E Kardon	director	C/O INNODATA INC, 55 CHALLENGER ROAD, RIDGEFIELD PARK NJ 07660
Rajat Jain	officer: See Remarks	C/O INNODATA INC., 55 CHALLENGER ROAD, RIDGEFIELD PARK NJ 07660
Michael J. Opat	director	C/O 3 UNIVERSITY PLAZA, SUITE 506, HACKENSACK NJ 07601
Andargachew S Zelleke	director	C/O CAMBRIDGE BANCORP, 1336 MASSACHUSETTS AVENUE, CAMBRIDGE MA 02138