ANY (Sphere 3D) Cash And Cash Equivalents : $4.95 Mil (As of Sep. 2024)

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What is Sphere 3D Cash And Cash Equivalents?

Sphere 3D's quarterly cash and cash equivalents increased from Mar. 2024 ($2.05 Mil) to Jun. 2024 ($4.26 Mil) and increased from Jun. 2024 ($4.26 Mil) to Sep. 2024 ($4.95 Mil).

Sphere 3D's annual cash and cash equivalents declined from Dec. 2021 ($54.36 Mil) to Dec. 2022 ($1.34 Mil) and declined from Dec. 2022 ($1.34 Mil) to Dec. 2023 ($0.59 Mil).

Sphere 3D Cash And Cash Equivalents Historical Data

The historical data trend for Sphere 3D'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.

Sphere 3D Cash And Cash Equivalents Chart

Sphere 3D Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.15

0.46

54.36

1.34

0.59

Sphere 3D Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.61	0.59	2.05	4.26	4.95

Sphere 3D 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.

Sphere 3D (NAS:ANY) 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.

Sphere 3D Cash And Cash Equivalents Related Terms

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Sphere 3D Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sphere 3D Corp (NAS:ANY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

8S3:Germany

Address

243 Tresser Boulevard, 17th Floor, Stamford, CT, USA, 06901

Website

https://www.sphere3d.com

Sphere 3D Corp provides solutions for stand-alone storage and technologies that converge the traditional silos of compute, storage, and network into integrated hyper-converged or converged solution. Its Disk systems include HVE Converged and Hyper-converged Infrastructure. It generates the majority of its revenue from the services it offers. All of its revenue comes from the Americas. The Company has two operating segments: Digital Mining and Service and Product. The Digital Mining segment generates revenue from the digital currency, it earns through its bitcoin mining activities. The Service and Product segment generates revenue from long-term customer contracts for service contracts and extended service contract and the sale of products related to the Company's data storage product line.

Executives

Kurt L. Kalbfleisch	officer: SVP and CFO	C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Patricia Trompeter	director, officer: CEO	309 LUKES WOOD ROAD, NEW CANAAN CT 06840
Joseph O'daniel	officer: President	100 EXECUTIVE CT. , SUITE 2, WAXAHACHIE TX 75165
Duncan J Mcewan	director	SPHERE 3D CORP, 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Timothy P. Hanley	director	9796 NICKEL RIDGE CIRCLE, NAPLES FL 34120
David C. Danziger	director	717 WAREHOUSE STREET, LOS ANGELES CA 90021
Sue Harnett	director	P.O. BOX 195115, SAN JUAN PR 00919-5115
Vivekanand Mahadevan	director	OVERLAND STORAGE, INC., 9112 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123
Mf Ventures, Llc	10 percent owner	201 SPEAR STREET, 14TH FLOOR, SAN FRANCISCO CA 94105
Cyrus Capital Partners, L.p.	10 percent owner	65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Fbc Holdings S.a.r.l.	10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Stephen C Freidheim	10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Cyrus Capital Partners Gp, Llc	10 percent owner	65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Jenny C Yeh	officer: SVP & General Counsel	SPHERE 3D CORP, 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Eric Kelly	director, officer: CEO & Chairman	691 S. MILPITAS BLVD, MILPITAS CA 95035