Katipult Technology (Katipult Technology) Cash, Cash Equivalents, Marketable Securities : $0.88 Mil (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Katipult Technology Cash, Cash Equivalents, Marketable Securities?

Katipult Technology's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 ($1.07 Mil) to Jun. 2023 ($0.95 Mil) but then stayed the same from Jun. 2023 ($0.95 Mil) to Sep. 2023 ($0.88 Mil).

Katipult Technology's annual cash, cash equivalents, marketable securities increased from Dec. 2020 ($0.68 Mil) to Dec. 2021 ($1.96 Mil) but then declined from Dec. 2021 ($1.96 Mil) to Dec. 2022 ($1.01 Mil).

Katipult Technology Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Katipult Technology'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.

Katipult Technology Cash, Cash Equivalents, Marketable Securities Chart

Katipult Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

1.89

1.41

0.68

1.96

1.01

Katipult Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1.25	1.01	1.07	0.95	0.88

Katipult Technology 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.

Katipult Technology (OTCPK:KTPPF) 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.

Katipult Technology Cash, Cash Equivalents, Marketable Securities Related Terms

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

Katipult Technology (Katipult Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Katipult Technology Corp (OTCPK:KTPPF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

K10:Germany FUND:Canada

Address

144 - 4th Ave SW, Suite 1600, Calgary, AB, CAN, T2P 3N4

Website

https://www.katipult.com

Katipult Technology Corp is engaged in providing enterprise software and software-related services. It operates as a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform. The platform includes modules for various user types, including investors, issuers, administrators, and auditors, among others. It generates subscription revenue and integration revenue. Subscription revenue consists of monthly recurring SaaS revenue earned by providing access to the Platform whereas Integration revenue consists of revenue arising from the provision of regulatory consulting, marketing consulting, and customization services to clients. It has a business presence in Canada, the U.K., and other countries.

Katipult Technology (Katipult Technology) Headlines

From GuruFocus

Katipult Announces Question and Answer Seminar with CEO Brock Murray

By PRNewswire PRNewswire • 10-15-2018