Bright Horizons Family Solutions (Bright Horizons Family Solutions) Cash, Cash Equivalents, Marketable Securities : $94 Mil (As of Dec. 2023)

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What is Bright Horizons Family Solutions Cash, Cash Equivalents, Marketable Securities?

Bright Horizons Family Solutions's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($66.01 Mil) to Sep. 2023 ($40.93 Mil) but then increased from Sep. 2023 ($40.93 Mil) to Dec. 2023 ($93.57 Mil).

Bright Horizons Family Solutions's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($283.69 Mil) to Dec. 2022 ($53.93 Mil) but then increased from Dec. 2022 ($53.93 Mil) to Dec. 2023 ($93.57 Mil).

Bright Horizons Family Solutions Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Bright Horizons Family Solutions'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.

Bright Horizons Family Solutions Cash, Cash Equivalents, Marketable Securities Chart

Bright Horizons Family Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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44.93

405.84

283.69

53.93

93.57

Bright Horizons Family Solutions 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															53.93	44.63	66.01	40.93	93.57

Bright Horizons Family Solutions 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.

Bright Horizons Family Solutions (NYSE:BFAM) 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.

Bright Horizons Family Solutions Cash, Cash Equivalents, Marketable Securities Related Terms

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Bright Horizons Family Solutions (Bright Horizons Family Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Bright Horizons Family Solutions Inc (NYSE:BFAM) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

BHA:Germany

Address

2 Wells Avenue, Newton, MA, USA, 02459

Website

https://www.brighthorizons.com

Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.

Executives

Mary Ann Tocio	director, officer: President and COO	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Lightfoot Sara Lawrence	director
Mary Lou Burke	officer: COO North America Center Ops	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02048
Lawrence M Alleva	director	1000 WINTER STREET, SUITE 3300, WALTHAM MA 02451
Stephen Howard Kramer	officer: Chief Development Officer	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Rosamund Marshall	officer: Managing Director - Intl.	2 WELLS AVENUE, NEWTON MA 02459
Elizabeth J Boland	officer: Chief Financial Officer	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
John Guy Casagrande	officer: General Counsel and Secretary	C/O BRIGHT HORIZONS, 2 WELLS AVENUE, NEWTON MA 02459
Jason Janoff	officer: Chief Accounting Officer	2 WELLS AVENUE, NEWTON MA 02459
Maribeth Nash Bearfield	officer: Chief Human Resources Officer	2 WELLS AVENUE, NEWTON MA 02459
David H Lissy	director, officer: Chief Executive Officer	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Marguerite Sallee	director	C/O BRIGHT HORIZONS FAMILY SOLUTIONS INC, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Julie Atkinson	director	C/O BRIGHT HORIZONS, 2 WELLS AVENUE, NEWTON MA 02459
Stephen I Dreier	officer: See Remarks	C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Linda A Mason	director	BRIGHT HORIZONS INC, ONE KENDALL SQ BLDG 200, CAMBRIDGE MA 02139