Saia (SAIA) Cash, Cash Equivalents, Marketable Securities

: $296 Mil (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

Saia's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($235.00 Mil) to Sep. 2023 ($249.26 Mil) and increased from Sep. 2023 ($249.26 Mil) to Dec. 2023 ($296.22 Mil).

Saia's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($106.59 Mil) to Dec. 2022 ($187.39 Mil) and increased from Dec. 2022 ($187.39 Mil) to Dec. 2023 ($296.22 Mil).

Saia Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Saia'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.

Saia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

0.25

25.31

106.59

187.39

296.22

Saia 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																187.39	166.43	235.00	249.26	296.22

Saia 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.

Saia (NAS:SAIA) 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.

Saia Cash, Cash Equivalents, Marketable Securities Related Terms

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

Saia (SAIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saia Inc (NAS:SAIA) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

SQR:Germany SQR:Germany

Address

11465 Johns Creek Parkway, Suite 400, Johns Creek, GA, USA, 30097

Website

https://www.saia.com

Saia ranks among the 10 largest less-than-truckload carriers in the United States, with more than 190 facilities and a fleet of about 6,200 tractors and 20,800 trailers. As a national LTL carrier, the firm offers time-definite and expedited options for shipments ranging between 100 and 10,000 pounds. Saia ranks among the top-tier providers in terms of profitability.

Executives

Di-ann Eisnor	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Raymond R Ramu	officer: Chief Customer Officer	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Patrick D Sugar	officer: EVP Operations	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Holzgrefe Frederick J Iii	officer: VP Finance, CFO and Secretary	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Douglas L Col	officer: VP Finance, CFO	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Susan F Ward	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Donna E Epps	director	11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Richard D Odell	officer: President & CEO of Saia	11465 JOHNS CREEK PARKWAY, STE 400, JOHNS CREEK GA 30097
Anthony R Norwood	officer: EVP & CHRO	11465 JOHNS CREEK PARKWAY, JOHNS CREEK GA 30097
Kelly W Benton	officer: VP & Controller	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Rohit Lal	officer: VP Information Technology, CIO	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Kevin A Henry	director	13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Donald R James	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Karla J Staver	officer: VP Safety and Human Resources	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Stephanie R Maschmeier	officer: Controller	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097