Plus500 (Plus500) Cash And Cash Equivalents : $906.7 Mil (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Plus500 Cash And Cash Equivalents?

Plus500's quarterly cash and cash equivalents declined from Dec. 2022 ($930.20 Mil) to Jun. 2023 ($849.00 Mil) but then increased from Jun. 2023 ($849.00 Mil) to Dec. 2023 ($906.70 Mil).

Plus500's annual cash and cash equivalents increased from Dec. 2021 ($749.50 Mil) to Dec. 2022 ($930.20 Mil) but then declined from Dec. 2022 ($930.20 Mil) to Dec. 2023 ($906.70 Mil).

Plus500 Cash And Cash Equivalents Historical Data

The historical data trend for Plus500'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.

Plus500 Cash And Cash Equivalents Chart

Plus500 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

292.90

593.90

749.50

930.20

906.70

Plus500 Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															749.50	995.50	930.20	849.00	906.70

Plus500 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.

Plus500 (OTCPK:PLSQF) 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.

Plus500 Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Plus500's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Plus500 (Plus500) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Plus500 Ltd (OTCPK:PLSQF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PLUSl:UK PLUS.GB:UK PLUS:UK P55:Germany

Address

Matam, Building 25, Haifa, ISR, 3190500

Website

https://www.plus500.com

Plus500 Ltd is an online provider of Contracts for Difference (CFDs). The company has developed and operates an online trading platform for retail customers to trade CFDs internationally over more than 2,200 different underlying global financial instruments comprising equities, indices, commodities, options, exchange-traded funds (ETFs), and foreign exchange. The company enables retail customers to trade CFDs in more than 50 countries and over 31 languages. The trading platform is accessible from multiple operating systems including Windows, smartphones: iOS, Android, and Windows Phone, tablets: iOS, Android, and Surface, and web browsers. The group is engaged in three operating sectors: CFD trading; share dealing; and futures and options on futures.

Plus500 (Plus500) Headlines

From GuruFocus

3 UK Stocks That Meet Warren Buffett's Dream Business Criteria

By Steven Chen Steven Chen • 03-09-2020

Plus500 Ltd. ("Plus500", "the Company" or together with its subsidiaries "the Group") Acquisition

By Business Wire Business Wire • 04-21-2021