Terminix Global Holdings (Terminix Global Holdings) Cash, Cash Equivalents, Marketable Securities : $277 Mil (As of Jun. 2022)

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What is Terminix Global Holdings Cash, Cash Equivalents, Marketable Securities?

Terminix Global Holdings's quarterly cash, cash equivalents, marketable securities increased from Dec. 2021 ($116.00 Mil) to Mar. 2022 ($170.00 Mil) and increased from Mar. 2022 ($170.00 Mil) to Jun. 2022 ($277.00 Mil).

Terminix Global Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2019 ($280.00 Mil) to Dec. 2020 ($615.00 Mil) but then declined from Dec. 2020 ($615.00 Mil) to Dec. 2021 ($116.00 Mil).

Terminix Global Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Terminix Global 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.

Terminix Global Holdings Cash, Cash Equivalents, Marketable Securities Chart

Terminix Global Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

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192.00

669.00

280.00

615.00

116.00

Terminix Global Holdings Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															313.00	156.00	116.00	170.00	277.00

Terminix Global 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.

Terminix Global Holdings (NYSE:TMX) 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.

Terminix Global Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Terminix Global Holdings (Terminix Global Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Terminix Global Holdings Inc (NYSE:TMX) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Peabody Place, Memphis, TN, USA, 38103

Website

https://www.terminix.com

Terminix Global Holdings Inc provides residential and commercial termite and pest control services. The company has one reportable segment: termite and pest control management. This segment has several service lines including residential pest management, commercial pest management, termite and home services, sales of products and other, and European pest management. The majority of company revenue comes from residential/commercial pest management and termite and home services in the United States.

Executives

Deborah H Caplan	director	700 UNIVERSE BLVD, JUNO BEACH FL 33408
Brett Ponton	officer: CEO	200 HOLLEDER PARKWAY, ROCHETER NY 14615
Deidre Richardson	officer: SVP & General Counsel	150 PEABODY PL MEMPHIS TN 38103-3720
Teresa Mosley Sebastian	director	1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Chris Terrill	director	FORT WASHINGTON EXECUTIVE CENTER, 600 OFFICE CENTER DRIVE, FORT WASHINGTON PA 19034
Mary J Hopkins	officer: Vice Pres, Controller & CAO	150 PEABODY PLACE MEMPHIS TN 38103
John Patrick Mullen	officer: VP, Controller & CAO	860 RIDGE LAKE BOULEVARD MEMPHIS TN 38120
Brett Dorton	officer: CEO	C/O SOUTHERN MISSOURI BANCORP, INC., 2991 OAK GROVE ROAD, POPLAR BLUFF MO 63901
Anthony Dilucente	officer: Sr. Vice President	150 PEABODY PLACE MEMPHIS TN 38103-3720
David J Frear	director	1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Robert James Riesbeck	officer: EVP	100 PIER 1 PLACE, FORT WORTH TX 76102
Mark E Tomkins	director	VULCAN MATERIALS CO, 1200 URBAN CENTER DR, BIRMINGHAM AL 35242
Gregory Rutherford	officer: President, Terminix Commercial	150 PEABODY PLACE MEMPHIS TN 38103-3700
Naren K Gursahaney	director	1501 YAMATO ROAD, BOCA RATON FL 33431
Stephen J Sedita	director	150 PEABODY PLACE MEMPHIS TN 38103-3720