Optiva (TSX:OPT) Cash, Cash Equivalents, Marketable Securities : C$26.35 Mil (As of Dec. 2023)

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What is Optiva Cash, Cash Equivalents, Marketable Securities?

Optiva's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 (C$16.19 Mil) to Sep. 2023 (C$28.30 Mil) but then stayed the same from Sep. 2023 (C$28.30 Mil) to Dec. 2023 (C$26.35 Mil).

Optiva's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (C$37.87 Mil) to Dec. 2022 (C$24.98 Mil) but then increased from Dec. 2022 (C$24.98 Mil) to Dec. 2023 (C$26.35 Mil).

Optiva Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Optiva'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.

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Optiva Cash, Cash Equivalents, Marketable Securities Chart

Optiva Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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47.15

22.63

37.87

24.98

26.35

Optiva Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															24.98	17.68	16.19	28.30	26.35

Optiva 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.

Optiva (TSX:OPT) 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.

Optiva Cash, Cash Equivalents, Marketable Securities Related Terms

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Optiva (TSX:OPT) Business Description

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RKNEF:USA

Address

2233 Argentia Road, Suite 302, East Tower, Mississauga, ON, CAN, L5N 2X7

Website

https://www.optiva.com

Optiva Inc is engaged in offering next-generation software solutions to help the telco industry and customers leverage today's digital technologies. The company's portfolio of products enables real-time billing, charging, policy management and user experience that are critical to customers' growth and performance. When deployed in the cloud, Optiva solutions deliver the most impact for the best value. The company's vision, market knowledge, analytical insights and Customer Success Program ensure customers are equipped to achieve their strategic business goals today and into the future.