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Support.com (Support.com) Cash And Cash Equivalents : $32.30 Mil (As of Jun. 2021)


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What is Support.com Cash And Cash Equivalents?

Support.com's quarterly cash and cash equivalents increased from Dec. 2020 ($13.53 Mil) to Mar. 2021 ($29.01 Mil) and increased from Mar. 2021 ($29.01 Mil) to Jun. 2021 ($32.30 Mil).

Support.com's annual cash and cash equivalents declined from Dec. 2018 ($25.18 Mil) to Dec. 2019 ($10.09 Mil) but then increased from Dec. 2019 ($10.09 Mil) to Dec. 2020 ($13.53 Mil).


Support.com Cash And Cash Equivalents Historical Data

The historical data trend for Support.com'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.

Support.com Cash And Cash Equivalents Chart

Support.com Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.89 18.05 25.18 10.09 13.53

Support.com Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.23 16.62 13.53 29.01 32.30

Support.com 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.


Support.com  (NAS:SPRT) 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.


Support.com Cash And Cash Equivalents Related Terms

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Support.com (Support.com) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1521 Concord Pike (US 202), Suite 301, Wilmington, DE, USA, 19803
Support.com Inc is engaged in the provision of cloud-based software and services, which enables technology support for a connected world. The company offers turnkey, outsourced support services for service providers, retailers, internet of things solution providers, and technology companies. The firm's technology support services programs are designed for both the consumer and small and medium business markets and include computer and mobile device set-up, security and support, virus and malware removal, wireless network set-up, and home security and automation system support. Geographically, the company has a presence across the region of the US, Philippines and India.
Executives
Shelly B. Schaffer officer: EVP CFO 1900 SEAPORT BLVD., 3RD FLOOR REDWOOD CITY CA 94063
Lance Rosenzweig director, officer: President and CEO 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Joshua Schechter director C/O THE PANTRY, INC., 305 GREGSON DRIVE, CARY NC 27511
Bradley Louis Radoff director 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Christine A. Kowalczyk officer: Chief Operating Officer 1200 CROSSMAN AVE. SUITE 210 SUNNYAVALE CA 94089
Richard A Bloom director, officer: Principal Financial Officer 1621 18TH STREET SUITE 250 DENVER CO 80202
Brian J Kelley director
Eric Singer director 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
Chris Koverman officer: VP, Product & Engineering 900 CHESAPEAKE DRIVE, FLOOR 2 REDWOOD CITY CA 94063
Roop Kalyan Lakkaraju officer: EVP, CFO & COO BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Elizabeth Cholawsky officer: President & CEO 1636 LA VISTA DEL OCEANO, SANTA BARBARA CA 93109
Timothy S Stanley director 107 FOUNTAINHEAD CIRCLE HENDERSON NV 89052
Jim Stephens director 900 CHESAPEAKE DR, 2ND FLOOR REDWOOD CITY CA 94063
Toni Portmann director 900 CHESAPEAKE DR, 2ND FLOOR REDWOOD CITY CA 94063
O Malley J Martin director 900 CHESAPEAKE DR, 2ND FLOOR REDWOOD CITY CA 94063