Churchill Capital II (Churchill Capital II) Cash, Cash Equivalents, Marketable Securities : $136.31 Mil (As of Jan. 2024)

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What is Churchill Capital II Cash, Cash Equivalents, Marketable Securities?

Churchill Capital II's quarterly cash, cash equivalents, marketable securities declined from Jul. 2023 ($147.93 Mil) to Oct. 2023 ($129.81 Mil) but then increased from Oct. 2023 ($129.81 Mil) to Jan. 2024 ($136.31 Mil).

Churchill Capital II's annual cash, cash equivalents, marketable securities increased from Jan. 2020 ($0.00 Mil) to Jan. 2023 ($170.36 Mil) but then declined from Jan. 2023 ($170.36 Mil) to Jan. 2024 ($136.31 Mil).

Churchill Capital II Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Churchill Capital II'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.

Churchill Capital II Cash, Cash Equivalents, Marketable Securities Chart

Churchill Capital II Annual Data

Trend

Dec19

Jan20

Jan23

Jan24

Cash, Cash Equivalents, Marketable Securities

2.24

170.36

136.31

Churchill Capital II Quarterly Data
	Apr19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jul21	Oct21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial													170.36	178.05	147.93	129.81	136.31

Churchill Capital II 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.

Churchill Capital II (NYSE:CCX.U) 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.

Churchill Capital II Cash, Cash Equivalents, Marketable Securities Related Terms

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Churchill Capital II (Churchill Capital II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Churchill Capital Corp II (NYSE:CCX.U) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

SKIL:USA C58:Germany

Address

300 Innovative Way, Suite 201, Nashua, NH, USA, 03062

Website

https://www.skillsoft.com

Skillsoft Corp is a leader in corporate digital learning. The company's segment includes Skillsoft content and Global Knowledge. The Skillsoft business engages in the sale, marketing, and delivery of its content learning solutions, in areas such as Leadership and Business, Technology and Developer and Compliance. Its Global Knowledge business offers training solutions covering information technology and business skills for corporations and their employees.

Executives

Matthew Glitzer	officer: CHIEF REVENUE OFFICER	300 INNOVATIVE WAY, SUITE 201, NASHUA NH 03062
Jose Torres	officer: Chief Accounting Officer	1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Ciara Harrington	officer: Interim Chief People Officer	C/O SKILLSOFT CORP., 300 INNOVATION WAY, SUITE 201, NASHUA NH 03062-5746
Kristi Hummel	officer: Chief People Officer	300 INNOVATIVE WAY, SUITE 201, NASHUA NH 03062
Zachary Sims	officer: GM Tech & Dev, CEO Codecademy	575 BROADWAY, 5TH FLOOR, NEW YORK NY 10012
Gary W Ferrera	officer: Chief Financial Officer	3250 BRIARPARK, SUITE 400, HOUSTON TX 77042
Mih Learning B.v.	director, 10 percent owner	SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Naspers Ltd	director, 10 percent owner	NASPERS CENTRE PO BOX 2271, CAPETOWN 8000, SOUTH AFRICA T3 00000
N.v. Prosus	director, 10 percent owner	SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Ronald W Hovsepian	director	C/O ANNTAYLOR STORES CORP, 7 TIMES SQUARE, 15TH FLOOR, NEW YORK NY 10036
Helena Foulkes	director	ONE CVS DRIVE, WOONSOCKET RI 02895
Richard Walker	officer: Chief Strategy & Corp Dev Ofc	C/O SERVICESOURCE INTERNATIONAL, INC., 717 17TH STREET, 5TH FLOOR, DENVER CO 80202
Lawrence Charles Illg	director	SYMPHONY OFFICES, GUSTAV MAHLERPLEIN 5, AMSTERDAM P7 1082 MS
Eric P Stine	officer: Chief Revenue Officer	6363 S. FIDDLER'S GREEN CIRCLE, SUITE 1400, GREENWOOD VILLAGE CO 80111
Peter Schmitt	director	640 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10019