inTest (inTest) Cash And Cash Equivalents : $45.3 Mil (As of Dec. 2023)

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What is inTest Cash And Cash Equivalents?

inTest's quarterly cash and cash equivalents increased from Jun. 2023 ($37.44 Mil) to Sep. 2023 ($41.69 Mil) and increased from Sep. 2023 ($41.69 Mil) to Dec. 2023 ($45.26 Mil).

inTest's annual cash and cash equivalents declined from Dec. 2021 ($21.20 Mil) to Dec. 2022 ($13.43 Mil) but then increased from Dec. 2022 ($13.43 Mil) to Dec. 2023 ($45.26 Mil).

inTest Cash And Cash Equivalents Historical Data

The historical data trend for inTest'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.

inTest Cash And Cash Equivalents Chart

inTest Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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7.61

10.28

21.20

13.43

45.26

inTest 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															13.43	15.43	37.44	41.69	45.26

inTest 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.

inTest (AMEX:INTT) 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.

inTest Cash And Cash Equivalents Related Terms

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inTest (inTest) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » inTest Corp (AMEX:INTT) » Definitions » Cash And Cash Equivalents

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IN9:Germany

Address

804 East Gate Drive, Suite 200, Mount Laurel, NJ, USA, 08054

Website

https://www.intest.com

inTest Corp is a supplier of test and process solutions for use in manufacturing and testing across a range of markets including automotive, defense/aerospace, industrial, medical, semiconductor and telecommunications. The company manages its business as two operating segments, Thermal Products and Electromechanical Semiconductor Products. The Thermal segment includes designing, manufacturing and selling thermal test and thermal process products. The Electromechanical Semiconductor Products segment includes designing, manufacturing and selling semiconductor test products.

Executives

Dews Joseph W Iv	director	C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054
Scott Eric Nolen	officer: Division Pres-Process Tech	C/O INTEST CORP, 804 EAST GATE DRIVE, MT LAUREL NJ 08054
Michael Tanniru	officer: Div. President, Envir. Tech.	C/O INTEST CORP, 804 EAST GATE DR, SUITE 200, MT. LAUREL NJ 08054
Grant Richard N. Jr.	director, officer: President & CEO	C/O INTEST CORP, 804 EAST GATE DR, SUITE 200, MT. LAUREL NJ 08054
Gregory Martel	officer: VP&GM-Environmental Tech	C/O INTEST CORP, 804 EAST GATE DRIVE, MT LAUREL NJ 08054
Mcmanus Joseph Richard Jr.	officer: Division Pres-Electronic Test	C/O INTEST CORP, 804 EAST GATE DRIVE, MT LAUREL NJ 08054
Duncan Gilmour	officer: CFO, Treasurer & Secretary	804 EAST GATE DRIVE, SUITE 200, MT. LAUREL NJ 08054
Gerald J. Maginnis	director	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
James Pelrin	officer: GM-Temp Mgmt Product Segment	C/O INTEST CORP, 804 EAST GATE DRIVE, SUITE 200, MT. LAUREL NJ 08054
Jeffrey A Beck	director	C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054
William Kraut	director	C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054
Robert E Matthiessen	director, officer: President and CEO	C/O INTEST CORP, 804 EAST GATE DRIVE, SUITE 200, MT. LAUREL NJ 08054
Nokomis Capital, L.l.c.	10 percent owner	1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Satterfield Thomas A Jr	10 percent owner	2609 CALDWELL MILL LN, BIRMINGHAM AL 35243
Kristen Holt Thompson	other: Member of 10% 13d Group	C/O INTEST CORP, 804 EAST GATE DR., SUITE 200, MT. LAUREL NJ 08054