What is Prism Technologies Group Cash, Cash Equivalents, Marketable Securities?
Prism Technologies Group's quarterly cash, cash equivalents, marketable securities
declined
from Mar. 2017 ($0.66 Mil) to Jun. 2017 ($0.34 Mil) but then
stayed the same
from Jun. 2017 ($0.34 Mil) to Sep. 2017 ($0.22 Mil).
Prism Technologies Group's annual cash, cash equivalents, marketable securities
declined
from Dec. 2014 ($24.63 Mil) to Dec. 2015 ($3.25 Mil) and
declined
from Dec. 2015 ($3.25 Mil) to Dec. 2016 ($0.59 Mil).
Prism Technologies Group Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for Prism Technologies Group'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.
Prism Technologies Group Cash, Cash Equivalents, Marketable Securities Chart
Prism Technologies Group 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.
Prism Technologies Group (OTCPK:PRZM) 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.
Prism Technologies Group Cash, Cash Equivalents, Marketable Securities Related Terms
Thank you for viewing the detailed overview of Prism Technologies Group's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.
Prism Technologies Group (Prism Technologies Group) Business Description
Prism Technologies Group Inc together with its subsidiaries operates as an intellectual property licensing and technology research and development company. It owns a patent portfolio consisting of nine patent families in the computer and network security, semiconductors and medical technology space. Prism continues to develop and patent new technologies and is committed to ongoing research and development efforts in several fields. Its objective is to develop and invent new technologies in the computer and network security, wearable computing, transaction processing and healthcare to speed time to market opportunities for the customers. Geographically all the operation of the firm is functioned through the region of US.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PRZM has been successfully added to your 