Gridsum Holding (Gridsum Holding) Cash, Cash Equivalents, Marketable Securities : $1.47 Mil (As of Jun. 2020)

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What is Gridsum Holding Cash, Cash Equivalents, Marketable Securities?

Gridsum Holding's quarterly cash, cash equivalents, marketable securities declined from Sep. 2019 ($6.01 Mil) to Dec. 2019 ($3.59 Mil) but then stayed the same from Dec. 2019 ($3.59 Mil) to Jun. 2020 ($1.47 Mil).

Gridsum Holding's annual cash, cash equivalents, marketable securities declined from Dec. 2017 ($25.28 Mil) to Dec. 2018 ($13.46 Mil) and declined from Dec. 2018 ($13.46 Mil) to Dec. 2019 ($3.59 Mil).

Gridsum Holding Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Gridsum Holding'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.

Gridsum Holding Cash, Cash Equivalents, Marketable Securities Chart

Gridsum Holding Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash, Cash Equivalents, Marketable Securities

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30.78

85.25

25.28

13.46

3.59

Gridsum Holding Quarterly Data
	Dec14	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															5.78	9.51	6.01	3.59	1.47

Gridsum Holding 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.

Gridsum Holding (NAS:GSUM) 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.

Gridsum Holding Cash, Cash Equivalents, Marketable Securities Related Terms

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Gridsum Holding (Gridsum Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Gridsum Holding Inc (NAS:GSUM) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

No. 229 North 4th Ring Road, South Wing, High Technology Building, Haidian District, Beijing, CHN, 100083

Website

https://www.gridsum.com

Gridsum Holding Inc is a provider of cloud-based big-data analytics and AI solutions for multinational and domestic enterprises and government agencies in China. The company offers solutions for marketing automation, e-government, new media, information discovery, and visualization.