Gamesquare Esports (XCNQ:GSQ) Cash, Cash Equivalents, Marketable Securities : C$5.37 Mil (As of Sep. 2022)

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What is Gamesquare Esports Cash, Cash Equivalents, Marketable Securities?

Gamesquare Esports's quarterly cash, cash equivalents, marketable securities increased from Mar. 2022 (C$2.12 Mil) to Jun. 2022 (C$3.86 Mil) and increased from Jun. 2022 (C$3.86 Mil) to Sep. 2022 (C$5.37 Mil).

Gamesquare Esports's annual cash, cash equivalents, marketable securities increased from Dec. 2017 (C$1.91 Mil) to Dec. 2018 (C$1.95 Mil) but then declined from Dec. 2018 (C$1.95 Mil) to Dec. 2019 (C$1.06 Mil).

Gamesquare Esports Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Gamesquare Esports'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.

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Gamesquare Esports Cash, Cash Equivalents, Marketable Securities Chart

Gamesquare Esports Annual Data

Trend

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Cash, Cash Equivalents, Marketable Securities

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2.04

0.75

1.91

1.95

1.06

Gamesquare Esports Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Feb21	May21	Aug21	Mar22	Jun22	Sep22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															4.39	13.13	2.12	3.86	5.37

Gamesquare Esports 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.

Gamesquare Esports (XCNQ:GSQ) 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.

Gamesquare Esports Cash, Cash Equivalents, Marketable Securities Related Terms

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Gamesquare Esports (XCNQ:GSQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gamesquare Esports Inc (XCNQ:GSQ) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

N/A

Address

150 York Street, Suite 1008, Toronto, ON, CAN, M5H 3S5

Website

https://www.gamesquare.com

Gamesquare Esports Inc is an international esports company. It is seeking to acquire additional assets and entities serving the esports market and, more broadly, in sports and entertainment. The company's acquisition of Code Red, an esports talent agency, provided an initial foothold in Europe through its UK operations.The business is comprised of two operating segments: teams and agency services. The company's teams segment represents its esports teams, which generate revenue through sponsorship, prize, and player-related revenue. The company's agencies generate revenue through talent management, influencer promotional fees, and consulting.

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