Rubicon Technologies (Rubicon Technologies) Cash, Cash Equivalents, Marketable Securities : $13.8 Mil (As of Mar. 2024)

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What is Rubicon Technologies Cash, Cash Equivalents, Marketable Securities?

Rubicon Technologies's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($13.43 Mil) to Dec. 2023 ($18.70 Mil) but then stayed the same from Dec. 2023 ($18.70 Mil) to Mar. 2024 ($13.85 Mil).

Rubicon Technologies's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($10.62 Mil) to Dec. 2022 ($10.08 Mil) but then increased from Dec. 2022 ($10.08 Mil) to Dec. 2023 ($18.70 Mil).

Rubicon Technologies Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Rubicon Technologies'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.

Rubicon Technologies Cash, Cash Equivalents, Marketable Securities Chart

Rubicon Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

17.67

6.02

10.62

10.08

18.70

Rubicon Technologies Quarterly Data
	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									10.54	23.52	13.43	18.70	13.85

Rubicon Technologies 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.

Rubicon Technologies (NYSE:RBT) 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.

Rubicon Technologies Cash, Cash Equivalents, Marketable Securities Related Terms

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Rubicon Technologies (Rubicon Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rubicon Technologies Inc (NYSE:RBT) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

RBT:Mexico

Address

100 West Main Street, Suite 610, Lexington, KY, USA, 40507

Website

https://www.rubicon.com

Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

Executives

Palantir Technologies Inc.	10 percent owner	1200 17TH STREET, FLOOR 15, DENVER CO 80202
Hernandez Andres Chico	director	MONTANAS CALIZAS 515, LOMAS DE CHAPULTEP, MEXICO CITY O5 11000
Jose Miguel Enrich	10 percent owner	781 CRANDON BLVD 902, KEY BISCAYNE FL 33149
Kevin Michael Schubert	officer: President	1240 WEST WESLEY ROAD, ATLANTA GA 30327
Jevan Anderson	officer: Chief Financial Officer	1819 DORIS DRIVE, MENLO PARK CA 94025
William D. Meyer	officer: General Counsel	177 BEVERLY ROAD NE, ATLANTA GA 30309
Daniel P. Sampson	officer: Chief Mktg & Comms Officer	231 EAST 76TH STREET, APT. 7J, NEW YORK NY 10021
Paula Henderson	director	1810 SAINT MARY'S ST, RALEIGH NC 27608
Rgh, Inc.	10 percent owner	100 WEST MAIN STREET, SUITE 601, LEXINGTON KY 40507
Michael S. Heller	officer: Chief Administrative Officer	10005 RIVER ROCK DRIVE NE, ROSWELL GA 30076
Nathaniel Morris	director, 10 percent owner, officer: Chief Executive Officer	100 WEST MAIN STREET, SUITE 601, LEXINGTON KY 40507
Tom Owston	officer: Interim CCO	409 MCCLENAGHAN MILL ROAD, WYNNEWOOD PA 19096
David Rachelson	officer: Chief Sustainability Officer	75 26TH STREET NW, ATLANTA GA 30309
De Viel Castel Renaud	officer: Chief Operations Officer	743 ANASTASIA AVENUE, CORAL GABLES FL 33134
Philip Rodoni	officer: Chief Technology Officer	PO BOX 1296, POINT REYES STATION CA 94956