Vroom (VRM) Cash, Cash Equivalents, Marketable Securities : $91.0 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Vroom Cash, Cash Equivalents, Marketable Securities?

Vroom's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 ($213.85 Mil) to Dec. 2023 ($140.07 Mil) but then stayed the same from Dec. 2023 ($140.07 Mil) to Mar. 2024 ($90.99 Mil).

Vroom's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($1,132.33 Mil) to Dec. 2022 ($419.51 Mil) and declined from Dec. 2022 ($419.51 Mil) to Dec. 2023 ($140.07 Mil).

Vroom Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Vroom'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.

Vroom Cash, Cash Equivalents, Marketable Securities Chart

Vroom Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

217.73

1,056.21

1,132.33

419.51

140.07

Vroom Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															324.69	244.48	213.85	140.07	90.99

Vroom 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.

Vroom (NAS:VRM) 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.

Vroom Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Vroom's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Vroom (VRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vroom Inc (NAS:VRM) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

VRM:Mexico

Address

3600 West Sam Houston Parkway South, Floor 4, Houston, TX, USA, 77042

Website

https://www.vroom.com

Vroom Inc is an end-to-end e-commerce platform for the used vehicle industry. The Company's scalable, data-driven technology brings all phases of the car buying and selling process to consumers offering an extensive selection of used vehicles, transparent pricing, competitive financing, and at-home pick-up and delivery. Its three reportable segments are: The E-commerce segment represents retail sales of used vehicles through its e-commerce platform and fees earned on sales of value-added products associated with those vehicle sales, The Wholesale segment represents sales of used vehicles through wholesale channels, and The Retail Financing segment represents UACC's operations with its network of third-party dealership customers.

Executives

Thomas H Shortt	officer: Chief Operating Officer	C/O VROOM INC, 1375 BROADWAY, 11TH FLOOR, NEW YORK NY 10018
Agnieszka Zakowicz	officer: Principal Accounting Officer	C/O VROOM, INC., 1375 BROADWAY, FLOOR 11, NEW YORK NY 10018
Robert R. Krakowiak	officer: Chief Financial Officer	633 NATALIE LANE, NORTHVILLE MI 48167
Mylod Robert J Jr	director
Patricia Moran	officer: See remarks	GREENHILL & CO., 300 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Carol Denise Stott	officer: See remarks	C/O VROOM, INC., 1375 BROADWAY, FLOOR 11, NEW YORK NY 10018
Laura W Lang	director	DIGITAS INC., 800 BOYLSTON STREET, BOSTON MA 02199
Timothy M Crow	director	2455 PACES FERRY ROAD, NW, ATLANTA GA 30339
Paul J. Hennessy	director, officer: Chief Executive Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Catterton Management Company, L.l.c.	director, 10 percent owner	599 WEST PUTNAM AVENUE, GREENWICH CT 06830
David K. Jones	officer: Chief Financial Officer	1375 BROADWAY, FLOOR 11, NEW YORK NY 10018
Scott Arnold Dahnke	director, 10 percent owner	599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Cgp2 Lone Star, L.p.	10 percent owner	599 WEST PUTNAM AVENUE, GREENWICH CT 06930
Frederick Terrell	director	17 STATE STREET, NEW YORK NY 10004
Paula B Pretlow	director	C/O CION ARES MANAGEMENT LLC, 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067