CoStar Group's quarterly cash and cash equivalents
declined
from Mar. 2024 ($4,951.60 Mil) to Jun. 2024 ($4,919.50 Mil) but then
increased
from Jun. 2024 ($4,919.50 Mil) to Sep. 2024 ($4,937.60 Mil).
CoStar Group's annual cash and cash equivalents
increased
from Dec. 2021 ($3,827.13 Mil) to Dec. 2022 ($4,968.00 Mil) and
increased
from Dec. 2022 ($4,968.00 Mil) to Dec. 2023 ($5,215.90 Mil).
CoStar Group Cash And Cash Equivalents Historical Data
The historical data trend for CoStar Group'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.
CoStar Group 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.
CoStar Group (NAS:CSGP) 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.
CoStar Group Cash And Cash Equivalents Related Terms
Thank you for viewing the detailed overview of CoStar Group's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.
CoStar Group is a leading provider of commercial real estate data and marketplace listing platforms. Its data offering contains in-depth analytical information on over 5 million commercial real estate properties related to various subsectors including office, retail, hotels, multifamily, healthcare, industrial, self-storage, and data centers. It operates many flagship brands such as CoStar Suite, LoopNet, Apartments.com, BizBuySell, and Lands of America, with more than 80% of its revenue classified as subscription-based. The company recently expanded its presence in Canada, the United Kingdom, Spain, and France.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CSGP has been successfully added to your 