ALAB (Astera Labs) Cash And Cash Equivalents : $421.1 Mil (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Astera Labs Cash And Cash Equivalents?

Astera Labs's quarterly cash and cash equivalents increased from Dec. 2023 ($45.10 Mil) to Mar. 2024 ($696.08 Mil) but then stayed the same from Mar. 2024 ($696.08 Mil) to Jun. 2024 ($421.08 Mil).

Astera Labs's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2022 ($76.09 Mil) but then declined from Dec. 2022 ($76.09 Mil) to Dec. 2023 ($45.10 Mil).

Astera Labs Cash And Cash Equivalents Historical Data

The historical data trend for Astera Labs'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.

Astera Labs Cash And Cash Equivalents Chart

Astera Labs Annual Data

Trend

Dec22

Dec23

Cash And Cash Equivalents

76.09

45.10

Astera Labs Quarterly Data
	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial			-	-	45.10	696.08	421.08

Astera Labs 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.

Astera Labs (NAS:ALAB) 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.

Astera Labs Cash And Cash Equivalents Related Terms

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

Astera Labs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Astera Labs Inc (NAS:ALAB) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ALAB:Mexico

Address

2901 Tasman Drive, Suite 205, Santa Clara, CA, USA, 95054

Website

https://www.asteralabs.com

Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.