Benefitfocus (Benefitfocus) Cash And Cash Equivalents : $55.1 Mil (As of Sep. 2022)

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What is Benefitfocus Cash And Cash Equivalents?

Benefitfocus's quarterly cash and cash equivalents declined from Mar. 2022 ($58.97 Mil) to Jun. 2022 ($51.50 Mil) but then increased from Jun. 2022 ($51.50 Mil) to Sep. 2022 ($55.12 Mil).

Benefitfocus's annual cash and cash equivalents declined from Dec. 2019 ($130.98 Mil) to Dec. 2020 ($90.71 Mil) and declined from Dec. 2020 ($90.71 Mil) to Dec. 2021 ($31.00 Mil).

Benefitfocus Cash And Cash Equivalents Historical Data

The historical data trend for Benefitfocus'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.

Benefitfocus Cash And Cash Equivalents Chart

Benefitfocus Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

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55.34

190.93

130.98

90.71

31.00

Benefitfocus Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash And Cash Equivalents	Get a 7-Day Free Trial															12.59	31.00	58.97	51.50	55.12

Benefitfocus 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.

Benefitfocus (NAS:BNFT) 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.

Benefitfocus Cash And Cash Equivalents Related Terms

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Benefitfocus (Benefitfocus) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Benefitfocus Way, Charleston, SC, USA, 29492

Website

https://www.benefitfocus.com

Benefitfocus Inc is a cloud-based benefits management platform for consumers, employers, insurance carriers, and brokers. The firm's solutions support core benefits plans, including healthcare, dental, life, and disability insurance. Benefitfocus sells its solutions on a subscription basis, typically through annual contracts with employers, and multi-year contracts with insurance carriers. It generates all of its revenue in the United States.

Executives

Zeynep Young	director	825 MAIN ST., SUITE 100, BUDA TX 78610
A Lanham Napier	director, 10 percent owner	701 W. CASTANO, SAN ANTONIO TX 78209
Alpana Wegner	officer: Chief Financial Officer	C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Matthew Levin	director, officer: President and CEO	NEUSTAR, INC., 4600 CENTER OAK PLAZA, STERLING VA 20166
Alexander Lerner	director	C/O INDABA CAPITAL MANAGEMENT, LLC, ONE LETTERMAN DR., BLDING D, SUITE DM700, SAN FRANCISCO CA 94129
Indaba Capital Fund, L.p.	director	MAPLES CORPORATE SERVICES, 121 SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Indaba Capital Management, L.p.	10 percent owner	ONE LETTERMAN DRIVE, BUILDING D, SUITE DM700, SAN FRANCISCO CA 94129
Ic Gp, Llc	10 percent owner	ONE LETTERMAN DRIVE,, BUILDING D, SUITE DM700, SAN FRANCISCO CA 94129
Derek C Schrier	10 percent owner	C/O INDABA CAPITAL MANAGEMENT, LLC, ONE LETTERMAN DR., BLDING D, SUITE DM700, SAN FRANCISCO CA 94129
J Bradley Wilson	director	227 MIDENHALL WAY, CARY NC 27513
John J Park	director	C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
Rushing Coretha M	director	C/O EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Barry D Libert	director	C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Buildgroup Management, Llc	10 percent owner	3500 JEFFERSON ST., SUITE 303, AUSTIN TX 78731
Buildgroup Llc	10 percent owner	3500 JEFFERSON STREET, SUITE 303, AUSTIN TX 78731