Perspecta (Perspecta) Cash And Cash Equivalents : $224 Mil (As of Dec. 2020)

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What is Perspecta Cash And Cash Equivalents?

Perspecta's quarterly cash and cash equivalents increased from Jun. 2020 ($122.00 Mil) to Sep. 2020 ($216.00 Mil) and increased from Sep. 2020 ($216.00 Mil) to Dec. 2020 ($224.00 Mil).

Perspecta's annual cash and cash equivalents increased from Mar. 2018 ($0.00 Mil) to Mar. 2019 ($88.00 Mil) and increased from Mar. 2019 ($88.00 Mil) to Mar. 2020 ($147.00 Mil).

Perspecta Cash And Cash Equivalents Historical Data

The historical data trend for Perspecta'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.

Perspecta Cash And Cash Equivalents Chart

Perspecta Annual Data

Trend

Oct15

Oct16

Mar18

Mar19

Mar20

Cash And Cash Equivalents

88.00

147.00

Perspecta Quarterly Data
	Oct15	Oct16	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Cash And Cash Equivalents	Get a 7-Day Free Trial										69.00	147.00	122.00	216.00	224.00

Perspecta 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.

Perspecta (NYSE:PRSP) 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.

Perspecta Cash And Cash Equivalents Related Terms

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Perspecta (Perspecta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Perspecta Inc (NYSE:PRSP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

15052 Conference Center Drive, Chantilly, VA, USA, 20151

Website

https://www.perspecta.com

Perspecta Inc provides IT solutions. The company provides end end-to-end, technology-focused solutions, leveraging the full spectrum of its offerings and industry expertise to ensure broader access to customers, capabilities and contract vehicles.

Executives

Michael Earl Ventling	director	3170 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
John Kavanaugh	officer: Chief Financial Officer	15052 CONFERENCE CENTER DRIVE CHANTILLY WA 20151
John M Curtis	director, officer: Director, CEO	15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
Heller M Tammy	officer: Chief Human Resources Officer	15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
James Lawrence Gallagher	officer: General Counsel & Secretary	15052 CONFERENCE CENTER DRIVE CHANTILLY VA 2017120151
William Luebke	officer: PAO & Controller	15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
Philip O Nolan	director	15052 CONFERENCE CENTER DRIVE, CHANTILLY VA 20151
Pamela O Kimmet	director	11207 ORANGE HIBISCUS LANE, PALM BEACH GARDENS FL 33418
Sanju K Bansal	director	1850 TOWERS CRESCENT PLAZA, MICROSTRATEGY INC, VIENNA VA 22182
Lisa S Disbrow	director	50 MINUTEMAN ROAD, ANDOVER MA 01810
Glenn A Eisenberg	director	P O BOX 1017, CHARLOTTE NC 28201-1017
Sondra L Barbour	director	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Betty J. Sapp	director	C/O BALL CORPORATION, 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
John M Lawrie	director	DXC TECHNOLOGY COMPANY, 1775 TYSONS BOULEVARD, TYSONS VA 22102
Biggs C Porter	director	TXU CORP.,, 1601 BRYAN STREET, DALLAS TX 75201