EverQuote (EverQuote) Cash, Cash Equivalents, Marketable Securities : $38.0 Mil (As of Dec. 2023)

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What is EverQuote Cash, Cash Equivalents, Marketable Securities?

EverQuote's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($31.05 Mil) to Sep. 2023 ($39.05 Mil) but then stayed the same from Sep. 2023 ($39.05 Mil) to Dec. 2023 ($37.96 Mil).

EverQuote's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($34.85 Mil) to Dec. 2022 ($30.84 Mil) but then increased from Dec. 2022 ($30.84 Mil) to Dec. 2023 ($37.96 Mil).

EverQuote Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for EverQuote's Cash, Cash Equivalents, Marketable Securities 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.

EverQuote Cash, Cash Equivalents, Marketable Securities Chart

EverQuote Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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46.05

42.87

34.85

30.84

37.96

EverQuote Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															30.84	28.75	31.05	39.05	37.96

EverQuote Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

EverQuote (NAS:EVER) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

EverQuote Cash, Cash Equivalents, Marketable Securities Related Terms

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EverQuote (EverQuote) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » EverQuote Inc (NAS:EVER) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

EVER:Mexico

Address

210 Broadway, Cambridge, MA, USA, 02139

Website

https://www.everquote.com

EverQuote Inc is engaged in the business activity of offering an online marketplace for insurance shopping. The online marketplace offers consumers to find relevant insurance quotes based on car insurance, home insurance, and life insurance. The platform of the company is driven by data science. The firm's data and technology platform match and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers. It derives a majority of revenue from Direct channels.

Executives

Joseph Sanborn	officer: Chief Financial Officer	C/O EVERQUOTE, INC., 210 BROADWAY, CAMBRIDGE MA 02139
David Brainard	officer: Chief Technology Officer	201 BROADWAY, SUITE 401, CAMBRIDGE MA 02139
Jon Ayotte	officer: Chief Accounting Officer	C/O EVERQUOTE, INC., 210 BROADWAY, CAMBRIDGE MA 02139
Paul F Deninger	director	C/O JEFFERIES & CO., 1050 WINTER STREET, WALTHAM MA 02451
Jayme Mendal	officer: Chief Revenue Officer	210 BROADWAY, CAMBRIDGE MA 02139
Darryl Auguste	officer: See Remarks	210 BROADWAY, CAMBRIDGE MA 02139
John L. Shields	director	210 BROADWAY, CAMBRIDGE MA 02139
John Brandon Wagner	officer: See Remarks	210 BROADWAY, CAMBRIDGE MA 02139
Julia Brncic	officer: General Counsel	210 BROADWAY, CAMBRIDGE MA 02139
David W Mason	officer: General Counsel and Secretary	210 BROADWAY, CAMBRIDGE MA 02139
Nicholas Graham	officer: Chief Revenue Officer	210 BROADWAY, CAMBRIDGE MA 02139
Tomas Jr Revesz	officer: Chief Technology Officer	210 BROADWAY, CAMBRIDGE MA 02139
David B Blundin	director, 10 percent owner	C/O MICROSTRATEGY INC, 1861 INTERNATIONAL DR, MCLEAN VA 22102
George R Neble	director	210 BROADWAY, CAMBRIDGE MA 02139
Elyse Neumeier	officer: Chief People Officer	210 BROADWAY, CAMBRIDGE MA 02139