The Ultimate Software Group (The Ultimate Software Group) Cash And Cash Equivalents : $100 Mil (As of Mar. 2019)

View and export this data going back to 1998. Start your Free Trial

What is The Ultimate Software Group Cash And Cash Equivalents?

The Ultimate Software Group's quarterly cash and cash equivalents increased from Sep. 2018 ($132.72 Mil) to Dec. 2018 ($151.25 Mil) but then stayed the same from Dec. 2018 ($151.25 Mil) to Mar. 2019 ($100.42 Mil).

The Ultimate Software Group's annual cash and cash equivalents increased from Dec. 2016 ($73.77 Mil) to Dec. 2017 ($155.69 Mil) but then declined from Dec. 2017 ($155.69 Mil) to Dec. 2018 ($151.25 Mil).

The Ultimate Software Group Cash And Cash Equivalents Historical Data

The historical data trend for The Ultimate Software Group'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.

The Ultimate Software Group Cash And Cash Equivalents Chart

The Ultimate Software Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash And Cash Equivalents

Get a 7-Day Free Trial

108.30

109.33

73.77

155.69

151.25

The Ultimate Software Group Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Cash And Cash Equivalents	Get a 7-Day Free Trial															143.64	184.86	132.72	151.25	100.42

The Ultimate Software Group 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.

The Ultimate Software Group (NAS:ULTI) 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.

The Ultimate Software Group Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of The Ultimate Software Group's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

The Ultimate Software Group (The Ultimate Software Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Ultimate Software Group Inc (NAS:ULTI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

2000 Ultimate Way, Weston, FL, USA, 33326

Website

http://www.ultimatesoftware.com

The Ultimate Software Group is a provider of human capital management software solutions. The firm's UltiPro product suite includes human resources, payroll, and benefits management functionality, available in 12 languages and 35 country-specific localizations. Its solutions manage the complete employee lifecycle from recruitment to retirement, and include talent acquisition and onboarding, performance management, salary planning, budgeting, succession management, reporting, and analytical capabilities. The firm generates revenue through cloud subscription fees and implementation consulting services fees. All of the firm's revenue is generated in the United States and Canada.

Executives