Sonder Holdings (Sonder Holdings) Cash, Cash Equivalents, Marketable Securities : $166.0 Mil (As of Sep. 2023)

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What is Sonder Holdings Cash, Cash Equivalents, Marketable Securities?

Sonder Holdings's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 ($217.97 Mil) to Jun. 2023 ($177.44 Mil) but then stayed the same from Jun. 2023 ($177.44 Mil) to Sep. 2023 ($166.05 Mil).

Sonder Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2020 ($121.47 Mil) to Dec. 2021 ($69.73 Mil) but then increased from Dec. 2021 ($69.73 Mil) to Dec. 2022 ($246.62 Mil).

Sonder Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Sonder Holdings'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.

Sonder Holdings Cash, Cash Equivalents, Marketable Securities Chart

Sonder Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

110.92

121.47

69.73

246.62

Sonder Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									317.32	246.62	217.97	177.44	166.05

Sonder Holdings 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.

Sonder Holdings (NAS:SOND) 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.

Sonder Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Sonder Holdings (Sonder Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sonder Holdings Inc (NAS:SOND) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

SOND:Mexico

Address

101 15th Street, San Francisco, CA, USA, 94103

Website

https://www.sonder.com

Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests.

Executives

Christopher Michael Berry	officer: Chief Accounting Officer	C/O SONDER HOLDINGS INC., 101 15TH ST., SAN FRANCISCO CA 94103
Francis Davidson	director, officer: Chief Executive Officer	C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Philip L Rothenberg	officer: General Counsel & Secretary	C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Dominique Bourgault	officer: Chief Financial Officer	6802 AZALEA WAY SE, SNOQUALMIE WA 98065
Prashant Aggarwal	director	C/O ARLO TECHNOLOGIES, INC., 350 EAST PLUMERIA DR, SAN JOSE CA 95134
Martin Picard	officer: Global Head of Real Estate	C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Michelle M Frymire	director	C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Nabeel A Hyatt	director	C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Van Paasschen Frits D	director	C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Gilda Perez-alvarado	director	C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Janice L. Sears	director	1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Sanjay D Banker	officer: President and CFO	C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Ritesh K Patel	officer: VP, Controller	C/O SONDER HOLDINGS INC., 101 15TH ST., SAN FRANCISCO CA 94103
Satyen J Pandya	officer: Chief Technology Officer	C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Manon Brouillette	director	40 AVENUE SPRINGGROVE, MONTREAL Z4 H3C 4M8