LogMeIn (LogMeIn) Cash And Cash Equivalents : $249 Mil (As of Jun. 2020)

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What is LogMeIn Cash And Cash Equivalents?

LogMeIn's quarterly cash and cash equivalents increased from Dec. 2019 ($128.01 Mil) to Mar. 2020 ($189.55 Mil) and increased from Mar. 2020 ($189.55 Mil) to Jun. 2020 ($249.46 Mil).

LogMeIn's annual cash and cash equivalents declined from Dec. 2017 ($252.40 Mil) to Dec. 2018 ($148.65 Mil) and declined from Dec. 2018 ($148.65 Mil) to Dec. 2019 ($128.01 Mil).

LogMeIn Cash And Cash Equivalents Historical Data

The historical data trend for LogMeIn'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.

LogMeIn Cash And Cash Equivalents Chart

LogMeIn Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash And Cash Equivalents

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123.14

140.76

252.40

148.65

128.01

LogMeIn Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Cash And Cash Equivalents	Get a 7-Day Free Trial															111.57	119.20	128.01	189.55	249.46

LogMeIn 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.

LogMeIn (NAS:LOGM) 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.

LogMeIn Cash And Cash Equivalents Related Terms

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LogMeIn (LogMeIn) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

320 Summer Street, Boston, MA, USA, 02210

Website

https://www.logmeininc.com

LogMeIn Inc provides cloud-based collaboration and connectivity products and services in three business categories: communications and collaboration; customer engagement and support; and identity and access. Its solutions include online meeting and screen sharing, secure remote access, outsourcing customer service, and password security capabilities. The company derives revenue from subscription fees to its cloud offerings and professional services fees. It generates most of its revenue in the United States but also has a presence in the United Kingdom and other countries.

Executives

Robert Calderoni	director	851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Ita M Brennan	director	5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
David J Henshall	director	18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Peter John Sacripanti	director	4002 SOUTH OCEAN BLVD., HIGHLAND BEACH FL 33487
William Raymond Wagner	director, officer: President & CEO	C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Edwin J Gillis	director	C/O VERITAS SOFTWARE CORP, 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Mark Finn Strassman	officer: SVP & GM, UCC	C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
Padmanabhan T Srinivasan	officer: Chief Product & Tech Officer	C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
John Buel Bennett	officer: SVP & GM, IAM	C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
Michael J Donahue	officer: SVP and General Counsel	LOGMEIN, INC. 500 UNICORN PARK DRIVE WOBURN MA 01801
Steven J. Benson	director	117 KENDRICK STREET, SUITE 200, NEEDHAM MA 02494
Michael J Christenson	director	C/O ENTRAVISION COMMUNICATIONS CORP, 2425 OLYMPIC BLVD, STE 6000W, SANTA MONICA CA 90404
Sara C Andrews	director	C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210
Richard H Veldran	officer: Chief Financial Officer	103 JFK PARKWAY SHORT HILLS NJ 07078
Edward K. Herdiech	officer: Chief Financial Officer	C/O LOGMEIN, INC. 320 SUMMER STREET BOSTON MA 02210