ServiceNow (BSP:N1OW34) Cash And Cash Equivalents : R$10,238 Mil (As of Mar. 2024)

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What is ServiceNow Cash And Cash Equivalents?

ServiceNow's quarterly cash and cash equivalents increased from Sep. 2023 (R$5,491.83 Mil) to Dec. 2023 (R$9,294.92 Mil) and increased from Dec. 2023 (R$9,294.92 Mil) to Mar. 2024 (R$10,238.47 Mil).

ServiceNow's annual cash and cash equivalents declined from Dec. 2021 (R$9,771.67 Mil) to Dec. 2022 (R$7,710.74 Mil) but then increased from Dec. 2022 (R$7,710.74 Mil) to Dec. 2023 (R$9,294.92 Mil).

ServiceNow Cash And Cash Equivalents Historical Data

The historical data trend for ServiceNow'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.

ServiceNow Cash And Cash Equivalents Chart

ServiceNow Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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3,184.18

8,627.66

9,771.67

7,710.74

9,294.92

ServiceNow Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															9,646.33	8,071.70	5,491.83	9,294.92	10,238.47

ServiceNow 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.

ServiceNow (BSP:N1OW34) 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.

ServiceNow Cash And Cash Equivalents Related Terms

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ServiceNow (BSP:N1OW34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ServiceNow Inc (BSP:N1OW34) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

NOW:USA NOWW:Mexico 1NOW:Italy 4S0:Germany 4S0:Germany 4S0:Germany

Address

2225 Lawson Lane, Santa Clara, CA, USA, 95054

Website

https://www.servicenow.com

ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.

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