Climb Global Solutions (Climb Global Solutions) Cash And Cash Equivalents : $36.3 Mil (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Climb Global Solutions Cash And Cash Equivalents?

Climb Global Solutions's quarterly cash and cash equivalents increased from Jun. 2023 ($43.87 Mil) to Sep. 2023 ($49.78 Mil) but then stayed the same from Sep. 2023 ($49.78 Mil) to Dec. 2023 ($36.30 Mil).

Climb Global Solutions's annual cash and cash equivalents declined from Dec. 2021 ($29.27 Mil) to Dec. 2022 ($20.25 Mil) but then increased from Dec. 2022 ($20.25 Mil) to Dec. 2023 ($36.30 Mil).

Climb Global Solutions Cash And Cash Equivalents Historical Data

The historical data trend for Climb Global Solutions's Cash And Cash Equivalents 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.

Climb Global Solutions Cash And Cash Equivalents Chart

Climb Global Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

14.98

29.35

29.27

20.25

36.30

Climb Global Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															20.25	61.74	43.87	49.78	36.30

Climb Global Solutions Cash And Cash Equivalents 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.

Climb Global Solutions (NAS:CLMB) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Climb Global Solutions Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Climb Global Solutions's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Climb Global Solutions (Climb Global Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Climb Global Solutions Inc (NAS:CLMB) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Industrial Way West, Suite 300, Eatontown, NJ, USA, 07724

Website

https://www.waysidetechnology.com

Climb Global Solutions Inc is a cloud-based, value-added IT distribution and solutions company specializing in emerging technologies. It operates across the USA, Canada, and Europe through multiple business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend. The Company is organized into two reportable operating segments. The Distribution segment distributes technical software to corporate resellers, value added resellers (VARs), consultants and systems integrators under the name Climb Channel Solutions. The Solutions segment is a cloud solutions provider and value-added reseller of software, hardware and services to customers under the names Grey Matter.

Executives

Timothy Popovich	officer: COO & President	715 OCEAN GATE AVE, PO BOX 523, OCEAN GATE NJ 08740
Andrew S Bryant	director	ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Andrew E Clark	officer: Chief Financial Officer	6011 UNIVERSITY BLVD., SUITE 370, ELLICOTT CITY MD 21043
Geygan Jeffrey Richart Geygan	director	1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
John R Mccarthy	director	4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Kimberly Boren	director	18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
Gerri Gold	director	4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Dale Richard Foster	officer: Executive VP	10900 PUMP HOUSE ROAD, ANNAPOLIS JUNCTION MD 20701
Charles Edward Bass	officer: VP New Business	12427 BAYHILL DRIVE, CARMEL IN 46033
Vito Legrottaglie	officer: VP Management Info Systems
Greg Scorziello	director	4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Matthew M Sullivan	officer: CAO	4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Carol Dibattiste	director	1155 W FREDERICK SMALL RD, JUPITER FL 33458
Diana Kurty	director	C/O WAYSIDE TECHNOLOGY GROUP, 11, SHREWSBURY NJ 07702
Michael Faith	director, officer: Director	ONE DANIEL BURNHAM CT., #400C, SAN FRANCISCO CA 94109