KVH Industries (KVH Industries) Cash, Cash Equivalents, Marketable Securities : $69.8 Mil (As of Dec. 2023)

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What is KVH Industries Cash, Cash Equivalents, Marketable Securities?

KVH Industries's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($70.97 Mil) to Sep. 2023 ($69.19 Mil) but then increased from Sep. 2023 ($69.19 Mil) to Dec. 2023 ($69.77 Mil).

KVH Industries's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($24.52 Mil) to Dec. 2022 ($76.74 Mil) but then declined from Dec. 2022 ($76.74 Mil) to Dec. 2023 ($69.77 Mil).

KVH Industries Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for KVH Industries'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.

KVH Industries Cash, Cash Equivalents, Marketable Securities Chart

KVH Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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48.27

37.72

24.52

76.74

69.77

KVH Industries 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															76.74	68.66	70.97	69.19	69.77

KVH Industries 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.

KVH Industries (NAS:KVHI) 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.

KVH Industries Cash, Cash Equivalents, Marketable Securities Related Terms

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KVH Industries (KVH Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » KVH Industries Inc (NAS:KVHI) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Enterprise Center, Middletown, RI, USA, 02842

Website

https://www.kvh.com

KVH Industries Inc is a manufacturer of solutions that provide high-speed Internet, television, and voice services through satellite to mobile users at sea and on land. The company also provides commercially licensed entertainment, including news, sports, music, and movies, to commercial and leisure customers in the maritime, hotel, and retail markets. The Company operates in a number of geographic areas, including internationally. The Revenues are generated from international locations, mainly consisting of Singapore, Canada, European Union countries and other European countries, countries in Africa, Asia/Pacific and the Middle East, and India.

Executives

Stephen H Deckoff	director, 10 percent owner	1 SOUND SHORE DRIVE, SUITE 200, GREENWICH CT 06830
Black Diamond Capital Management, L.l.c.	10 percent owner	2187 ATLANTIC STREET, 9TH FLOOR, STAMFORD CT 06902
Needham Group, Inc.	10 percent owner	445 PARK AVENUE, NEW YORK NY 10022
James S Dodez	director	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Cielo Hernandez	director	C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Jennifer Louise Baker	officer: VP/CAO	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Felise Feingold	officer: SVP General Counsel	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Robert J Balog	officer: Chief Technology Officer`	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Brent C Bruun	officer: Interim CEO	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
David B. Kagan	director	300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
David Tolley	director	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Daniel R Conway	officer: EVP Inertial Navigation	C/O KVH INDUSTRIES INC, 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
George A Needham	10 percent owner	C/O NEEDHAM & COMPANY, LLC, 445 PARK AVE, NEW YORK NY 10022
Roger Kuebel	officer: CFO	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Kits Van Heyningen Martin	other: Sr. Advisor	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842