Qualstar (Qualstar) Cash, Cash Equivalents, Marketable Securities : $2.54 Mil (As of Sep. 2023)

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What is Qualstar Cash, Cash Equivalents, Marketable Securities?

Qualstar's quarterly cash, cash equivalents, marketable securities declined from Mar. 2020 ($4.28 Mil) to Sep. 2022 ($0.00 Mil) but then increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($2.54 Mil).

Qualstar's annual cash, cash equivalents, marketable securities increased from Dec. 2017 ($4.70 Mil) to Dec. 2018 ($4.78 Mil) but then declined from Dec. 2018 ($4.78 Mil) to Dec. 2019 ($3.86 Mil).

Qualstar Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Qualstar'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.

Qualstar Cash, Cash Equivalents, Marketable Securities Chart

Qualstar Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Cash, Cash Equivalents, Marketable Securities

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4.70

3.69

4.70

4.78

3.86

Qualstar Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep22	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															4.27	3.86	4.28	-	2.54

Qualstar 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.

Qualstar (OTCPK:QBAK) 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.

Qualstar Cash, Cash Equivalents, Marketable Securities Related Terms

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Qualstar (Qualstar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qualstar Corp (OTCPK:QBAK) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

1 Jenner, Suite 200, Irvine, CA, USA, 92618

Website

https://www.qualstar.com

Qualstar Corp is a U.S based provider of data storage systems marketed under the Qualstar brand and of power solutions marketed under the N2Power brand. The company's segments include Power Supplies and Data Storage. Under the Power Supplies segment, it designs, manufactures and sells open frame switching power supplies. Under the Data Storage segment, it designs, manufactures and sells automated magnetic tape libraries used to store, retrieve and manage electronic data in network computing environments. It has its geographic presence in North America, Europe.

Executives

Joy C. Hou	director	C/O QUALSTAR CORPORATION, 1267 FLYNN ROAD, CAMARILLO CA 93012
Steven N Bronson	director, 10 percent owner, officer: Chief Executive Officer
William J Gervais	10 percent owner	1925 ANGUS AVENUE, UNIT B, SIMI VALLEY CA 93063
Leonard Hagan	director	650 THOMAS AVENUE, BALDWIN NY 11510
Bkf Capital Group Inc	10 percent owner	1 JENNER, SUITE 200, IRVINE CA 92618
Bkf Asset Holdings, Inc.	10 percent owner	3990-B HERITAGE OAK COURT, SIMI VALLEY CA 93063
David John Wolenski	director	5328 W. BURGUNDY PL., LITTLETON CO 80123
Nicholas Yarymovych	director	1716 ADDISON ROAD, PALOS VERDES ESTATES CA 90274
Louann Negrete	officer: Chief Financial Officer	31248 OAK CREST DR. SUITE 120, WESTLAKE VILLAGE CA 91361
Miller Lloyd I Iii	10 percent owner
Sean Michael Leder	director	31248 OAK CREST DRIVE, SUITE 120, WEST LAKE VILLAGE CA 91361
Jan Daniel Ko Chieh	officer: Executive Vice President	4401 MAR ESCARPA, SAN CLEMENTE CA 92673
William J Lurie	officer: VP Engineering	3990-B HERITAGE OAK CT., SIMI VALLEY CA 93063
Dale Edward Wallis	director	2221 SW 118TH STREET, OKLAHOMA CITY OK 73170
Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081