Virtusa (Virtusa) Cash And Cash Equivalents : $347 Mil (As of Dec. 2020)

View and export this data going back to 2007. Start your Free Trial

What is Virtusa Cash And Cash Equivalents?

Virtusa's quarterly cash and cash equivalents increased from Jun. 2020 ($285.28 Mil) to Sep. 2020 ($297.46 Mil) and increased from Sep. 2020 ($297.46 Mil) to Dec. 2020 ($347.17 Mil).

Virtusa's annual cash and cash equivalents declined from Mar. 2018 ($194.90 Mil) to Mar. 2019 ($189.68 Mil) but then increased from Mar. 2019 ($189.68 Mil) to Mar. 2020 ($290.84 Mil).

Virtusa Cash And Cash Equivalents Historical Data

The historical data trend for Virtusa'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.

Virtusa Cash And Cash Equivalents Chart

Virtusa Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Cash And Cash Equivalents

Get a 7-Day Free Trial

148.99

144.91

194.90

189.68

290.84

Virtusa Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Cash And Cash Equivalents	Get a 7-Day Free Trial															217.39	290.84	285.28	297.46	347.17

Virtusa 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.

Virtusa (NAS:VRTU) 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.

Virtusa Cash And Cash Equivalents Related Terms

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

Virtusa (Virtusa) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Virtusa Corp (NAS:VRTU) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

132 Turnpike Road, Suite 300, Southborough, MA, USA, 01772

Website

http://www.virtusa.com

Virtusa Corp provides a range of information technology, or IT, services. The company organizes its services into three categories: business and IT consulting, technology implementation, and application outsourcing. The business and IT consulting services include IT assessment and planning, network architecture and design, and governance-related services. Technology implementation services include application development, legacy asset management, information management, and testing. Application outsourcing services include application and platform management, infrastructure management, and software quality assurance management. The company generates the majority of revenue from North America.

Executives

Patricia Morrison	director	ONE BAXTER PARKWAY, DEERFIELD IL 60015
Ranjan Kalia	officer: EVP & Chief Financial Officer	C/O VIRTUSA CORPORATION 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Abidali Neemuchwala	director	C/O VIRTUSA CORPORATION, 132 TURNPIKE RD, STE. 300, SOUTHBOROUGH MA 01772
Sundararajan Narayanan	officer: EVP, CPO and Global Head of HR	C/O VIRTUSA CORPORATION 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Samir Dhir	officer: President & Head of Americas	C/O VIRTUSA CORPORATION 2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Kris A Canekeratne	director, officer: Chairman & CEO	2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Thomas R Holler	officer: EVP and CSO	2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Roger Keith Modder	officer: EVP, COO & MD EMEA	2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Rowland T Moriarty	director	2000 WEST PARK DRIVE WESTBOROUGH MA 01581
Orogen Holdings Llc	director	ONE ROCKEFELLER PLAZA, SUITE 2416, NEW YORK NY 10020
Barry R Nearhos	director	C/O VIRTUSA CORPORATION, 200 WEST PARK DRIVE, WESTBOROUGH MA 01581
Atairos-orogen Holdings, Llc	director	C/O ATAIROS MANAGEMENT, L.P., 40 MORRIS ROAD, BRYN MAWR PA 19010
Orogen Group Llc	director	ONE ROCKEFELLER PLAZA, SUITE 2416, NEW YORK NY 10020
Atairos Partners, L.p.	director	40 MORRIS AVENUE, BRYN MAWR PA 19010
Atairos Partners Gp, Inc.	director	40 MORRIS AVENUE, BRYN MAWR PA 19010