TruBridge (TruBridge) Cash, Cash Equivalents, Marketable Securities : $3.8 Mil (As of Dec. 2023)

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TruBridge's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($7.25 Mil) to Sep. 2023 ($1.47 Mil) but then increased from Sep. 2023 ($1.47 Mil) to Dec. 2023 ($3.85 Mil).

TruBridge's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($11.43 Mil) to Dec. 2022 ($6.95 Mil) and declined from Dec. 2022 ($6.95 Mil) to Dec. 2023 ($3.85 Mil).

TruBridge Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for TruBridge'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.

TruBridge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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7.36

12.67

11.43

6.95

3.85

TruBridge 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															6.95	6.82	7.25	1.47	3.85

TruBridge 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.

TruBridge (NAS:TBRG) 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.

TruBridge Cash, Cash Equivalents, Marketable Securities Related Terms

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TruBridge (TruBridge) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » TruBridge Inc (NAS:TBRG) » Definitions » Cash, Cash Equivalents, Marketable Securities

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PS1:Germany PS1:Germany

Address

54 St. Emanuel Street, Mobile, AL, USA, 36602

Website

https://www.cpsi.com

Computer Programs and Systems Inc is a provider of healthcare solutions and services for community hospitals and post-acute care facilities. The company's segment includes Acute Care EHR, Post-acute Care EHR, and TruBridge. Acute Care EHR segment consists of acute care software solutions and support sales generated by Evident and Health and. Post-acute Care EHR segment consists of post-acute care software solutions and support sales generated by AHT, and TruBridge segment primarily consists of business management, consulting and managed IT services sales generated by TruBridge and the sale of Rycan's revenue cycle management workflow and automation software. It generates a majority of its revenue from the Acute Care EHR segment.

Executives

Mark V Anquillare	director	C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
Lance Park	officer: VP Finance & Controller	54 ST. EMANUEL STREET, MOBILE AL 36602
Kevin Plessner	officer: General Counsel	54 ST. EMANUEL STREET, MOBILE AL 36602
Wes Cronkite	officer: Chief Technology & Innovation	54 ST. EMANUEL STREET, MOBILE AL 36602
David A Dye	director, officer: Chief Growth Officer	1307 CAPTAIN O'NEAL DR., DAPHNE AL 36526
Christopher L Fowler	officer: COO and President (TruBridge)	6600 WALL STREET, MOBILE AL 36695
Robert D Hinckle	officer: Senior VP - Client Services	COMPUTER PROGRAMS AND SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
Glenn Tobin	director	CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117
James Patrick Murphy	officer: SVP, TruBridge, Bus. Service	54 ST. EMANUEL STREET, MOBILE AL 36602
Amaris Angelica Mccomas	officer: Chief People Officer	54 ST. EMANUEL STREET, MOBILE AL 36602
Claire Stephens	officer: SVP, Post Acute Care	54 ST. EMANUEL STREET, MOBILE AL 36602
Dawn M Severance	officer: SVP of TruBridge, Sales	54 ST. EMANUEL STREET, MOBILE AL 36602
Douglas John B Jr	director, officer: President and CEO	333 DALEWOOD DR., MOBILE AL 36608
Troy D Rosser	officer: Senior Vice President - Sales	COMPUTER PROGRAMS & SYSTEMS, INC., 6600 WALL STREET, MOBILE AL 36695
Matt J Chambless	officer: CFO, Secretary & Treasurer	6600 WALL STREET, MOBILE AL 36695