MTS Systems (MTS Systems) Cash, Cash Equivalents, Marketable Securities : $112.6 Mil (As of Dec. 2020)

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What is MTS Systems Cash, Cash Equivalents, Marketable Securities?

MTS Systems's quarterly cash, cash equivalents, marketable securities increased from Jun. 2020 ($65.07 Mil) to Sep. 2020 ($88.91 Mil) and increased from Sep. 2020 ($88.91 Mil) to Dec. 2020 ($112.58 Mil).

MTS Systems's annual cash, cash equivalents, marketable securities declined from Sep. 2018 ($71.80 Mil) to Sep. 2019 ($57.94 Mil) but then increased from Sep. 2019 ($57.94 Mil) to Sep. 2020 ($88.91 Mil).

MTS Systems Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for MTS Systems'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.

MTS Systems Cash, Cash Equivalents, Marketable Securities Chart

MTS Systems Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Cash, Cash Equivalents, Marketable Securities

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84.78

108.73

71.80

57.94

88.91

MTS Systems Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															64.07	66.58	65.07	88.91	112.58

MTS Systems 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.

MTS Systems (NAS:MTSC) 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.

MTS Systems Cash, Cash Equivalents, Marketable Securities Related Terms

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MTS Systems (MTS Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MTS Systems Corp (NAS:MTSC) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

14000 Technology Drive, Eden Prairie, MN, USA, 55344

Website

http://www.mts.com

MTS Systems Corp is a supplier of test systems and position sensors. Its operations are organized and managed in two business segments; the Test and Simulation segment and the Sensors segment. Test and Simulation segment (Test) provides testing solutions including hardware, software, and services which are used by customers in product development to characterize the product's mechanical properties. Sensors segment (Sensors) is an in sensing technologies and solutions used by design engineers and predictive maintenance professionals, serving customers with a focus on total customer satisfaction, and offering regional support to provide and reliable sensing solutions.

Executives

Randy J Martinez	director, Interim CEO	HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Todd Klemmensen	officer: SVP, GC and Corp. Sec.	14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344-2290
Steven B Harrison	officer: EVP & Pres. Test & Simulation	14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
Brian T Ross	officer: EVP & CFO	14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
Jeffrey A Graves	director, officer: President and CEO	C/O C&D TECHNOLOGIES, INC., 1400 UNION MEETING RD, BLUE BELL PA 19422
David Hore	officer: EVP & Pres. Sensors	14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
David J Anderson	director	402 FARRINGTON DRIVE, LINCOLNSHIRE IL 60069
Linda Zukauckas	director	200 VESEY STREET, NEW YORK NY 10285
Chun Hung Yu	director	14000 TECHNOLOGY DR EDEN PRAIRIE MN 55344
David D Johnson	director	C/O MOLEX, INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Nancy A. Altobello	director	520 MADISON AVENUE, NEW YORK NY 10022
Michael V Schrock	director	5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
William C Becker	officer: SVP Test & Simulation Comm Ops	14000 TECHNOLOGY DRIVE EDEN PRAIRIE MN 55344
Gail P Steinel	director	909 ROSE AVENUE - SUITE 200, NORTH BETHESDA MD 20852
Maximiliane C Straub	director	14000 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344