Apollo Global Management (Apollo Global Management) Cash, Cash Equivalents, Marketable Securities

: $170,243 Mil (As of Dec. 2023)

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Apollo Global Management's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($145,918.00 Mil) to Sep. 2023 ($148,707.00 Mil) and increased from Sep. 2023 ($148,707.00 Mil) to Dec. 2023 ($170,243.00 Mil).

Apollo Global Management's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($1,380.00 Mil) to Dec. 2022 ($127,373.00 Mil) and increased from Dec. 2022 ($127,373.00 Mil) to Dec. 2023 ($170,243.00 Mil).

Apollo Global Management Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Apollo Global Management'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.

Apollo Global Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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1,601.53

2,448.82

1,380.00

127,373.00

170,243.00

Apollo Global Management 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															127,373.00	138,662.00	145,918.00	148,707.00	170,243.00

Apollo Global Management 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.

Apollo Global Management (NYSE:APO) 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.

Apollo Global Management Cash, Cash Equivalents, Marketable Securities Related Terms

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Apollo Global Management (Apollo Global Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Apollo Global Management Inc (NYSE:APO) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N7I:Germany N7I:Germany

Address

9 West 57th Street, 42nd Floor, New York, NY, USA, 10019

Website

https://www.apollo.com

Apollo Global Management Inc is an alternative investment manager. It serves various sectors such as chemicals, manufacturing and industrial, natural resources, consumer and retail, consumer services, business services, financial services, leisure, and media and telecom and technology. The company operates in three business segments that are Asset Management, Retirement Services, and Principal Investing. It generates maximum revenue from the Retirement Services segment.

Executives

James C Zelter	director, officer: Co-President (See Remarks)	APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, 14TH FLOOR, NEW YORK NY 10019
Martin Kelly	officer: Chief Financial Officer	APOLLO GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 48TH FLOOR, NEW YORK NY 10019
A B Krongard	director	C/O UNDER ARMOUR, INC., 1020 HULL STREET, BALTIMORE MD 21230
Joshua Harris	other: See Remarks	404 WASHINGTON AVE, PH 810, MIAMI FL 33139
Mjh Partners Ii Llc	other: See Remarks	404 WASHINGTON AVE, PH 810, MIAMI FL 33139
Patrick Toomey	director	C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 42ND FLOOR, NEW YORK NY 10019
John J Suydam	officer: Chief Legal Officer	C/O APOLLO MANAGEMENT LP, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Clayton Walter Joseph Iii	director	C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Jessica M Bibliowicz	director	NATIONAL FINANCIAL PARTNERS CORP., 340 MADISON AVENUE, 20TH FL, NEW YORK NY 10173
Louis-jacques Tanguy	officer: Chief Acct. Off. & Controller	C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
James Richard Belardi	director, officer: CEO of Athene Holding Ltd.	C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Alchemy Group Holdings Llc	other: See Remarks	65 EAST 55TH STREET, 31ST FLOOR, NEW YORK NY 10022
Rwnm Series A Holdings Llc	other: See Remarks	65 EAST 55TH STREET, 31ST FLOOR, NEW YORK NY 10022
Heritage Trust U/a/d 11/12/2018	other: See remarks.	ELYSIUM MANAGEMENT LLC, SUITE 1401, 445 PARK AVENUE, NEW YORK NY 10022
Ldb 2014 Llc	other: See remarks.	ELYSIUM MANAGEMENT LLC, SUITE 1401, 445 PARK AVENUE, NEW YORK NY 10022