Castlight Health (Castlight Health) Cash, Cash Equivalents, Marketable Securities : $65.8 Mil (As of Sep. 2021)

View and export this data going back to 2014. Start your Free Trial

What is Castlight Health Cash, Cash Equivalents, Marketable Securities?

Castlight Health's quarterly cash, cash equivalents, marketable securities increased from Mar. 2021 ($56.50 Mil) to Jun. 2021 ($60.71 Mil) and increased from Jun. 2021 ($60.71 Mil) to Sep. 2021 ($65.77 Mil).

Castlight Health's annual cash, cash equivalents, marketable securities declined from Dec. 2018 ($77.33 Mil) to Dec. 2019 ($59.43 Mil) and declined from Dec. 2019 ($59.43 Mil) to Dec. 2020 ($49.24 Mil).

Castlight Health Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Castlight Health'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.

Castlight Health Cash, Cash Equivalents, Marketable Securities Chart

Castlight Health Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

114.60

93.34

77.33

59.43

49.24

Castlight Health Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															46.80	49.24	56.50	60.71	65.77

Castlight Health 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.

Castlight Health (NYSE:CSLT) 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.

Castlight Health Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Castlight Health's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Castlight Health (Castlight Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Castlight Health Inc (NYSE:CSLT) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

XPAR:CGM SHSE:600767 TSE:3902 CLNH XSWX:ASCN HKSE:06819 TSE:2150 TSX:CARE XKRX:032620 TSE:6078

Traded in Other Exchanges

N/A

Address

150 Spear Street, Suite 400, San Francisco, CA, USA, 94105

Website

https://www.castlighthealth.com

Castlight Health Inc provides a software-as-a-service platform. It is used for health benefits navigation for employees in the United States. Its platform matches employees to the resources their employers make available to them; managing a condition; and assists them to manage their benefits. The company derives its revenue from sales of cloud-based subscription service and professional services contracts. Castlight generates its geographical revenue from the United States.

Executives

Venrock Partners Management V, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Management V, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Management Vi, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Associates Vi, L.p.	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners Management Vi, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners Vi, L.p.	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Entrepreneurs Fund V, L.p.	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Vef Management V, Llc	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Partners V L P	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Venrock Associates V Lp	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304
Maeve O'meara	officer: EVP,Product&CustomerExperience	C/O CASTLIGHT HEALTH, INC., 150 SPEAR ST., SUITE 400, SAN FRANCISCO CA 94105
William Bondurant	officer: Chief Financial Officer	C/O CASTLIGHT HEALTH, INC. 150 SPEAR STREET, SUITE 400 SAN FRANCISCO CA 94105
Chan M.p. Eric	officer: Chief Accounting Officer	C/O CASTLIGHT HEALTH, INC. 150 SPEAR ST., SUITE 400 SAN FRANCISCO CA 94105
Bryan E Roberts	director, 10 percent owner	C/O VENROCK ASSOCIATES, 2494 SAND HILL ROAD STE 200, MENLO PARK CA 94025
Seth B. Cohen	director	C/O CASTLIGHT HEALTH, INC. 150 SPEAR ST., SUITE 400 SAN FRANCISCO CA 94105