Lottery.com (Lottery.com) Cash And Cash Equivalents : $0.36 Mil (As of Dec. 2023)

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What is Lottery.com Cash And Cash Equivalents?

Lottery.com's quarterly cash and cash equivalents increased from Jun. 2023 ($0.05 Mil) to Sep. 2023 ($0.06 Mil) and increased from Sep. 2023 ($0.06 Mil) to Dec. 2023 ($0.36 Mil).

Lottery.com's annual cash and cash equivalents declined from Dec. 2021 ($32.64 Mil) to Dec. 2022 ($0.10 Mil) but then increased from Dec. 2022 ($0.10 Mil) to Dec. 2023 ($0.36 Mil).

Lottery.com Cash And Cash Equivalents Historical Data

The historical data trend for Lottery.com'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.

Lottery.com Cash And Cash Equivalents Chart

Lottery.com Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.16

3.83

32.64

0.10

0.36

Lottery.com Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial										0.10	0.04	0.05	0.06	0.36

Lottery.com 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.

Lottery.com (NAS:LTRY) 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.

Lottery.com Cash And Cash Equivalents Related Terms

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Lottery.com (Lottery.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lottery.com Inc (NAS:LTRY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

20808 State Highway, 71 W, Unit B, Spicewood, TX, USA, 78669

Website

https://www.lottery.com

Lottery.com Inc is a technology company that is transforming how, where, and when the lottery is played. Its engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. It offers more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, the firm is fundamentally changing how non-profit donors are incentivized to action by gasifying charitable giving. In all that its mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives.

Executives

Robert J Stubblefield	officer: Chief Financial Officer	C/O LOTTERY.COM, INC., 20808 STATE HWY 71 W, UNIT B, SPICEWOOD TX 78669
Ald Holdings Group, Llc	10 percent owner	10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Woodford Eurasia Assets Ltd.	10 percent owner	10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Mc Holdings Group, Llc	10 percent owner	10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Mark John Gustavson	officer: Chief Executive Officer	3/3 GREENE STREET, MILL VALLEY CA 94941
Thompson William C Jr	director	6650 EL CAMINO ROAD, LAS VEGAS NV 89118
Kathryn S Lever	officer: CLO & Secretary	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Steven Michael Cohen	director	35 EAST 62ND STREET, NEW YORK NM 10065
Richard Kivel	director	C/O REXAHN PHARMACEUTICALS, INC., 15245 SHADY GROVE ROAD, SUITE 455, ROCKVILLE MD 20850
Dimatteo Lawrence Anthony Iii	director, 10 percent owner, officer: Chief Executive Officer	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Lisa M. Borders	director	C/O J.P. MORGAN PRIVATE INVESTMENTS INC., 383 MADISON AVENUE, NEW YORK NY 10179
Joseph Kaminkow	director	701 BRICKELL AVENUE SUITE 1550, MIAMI FL 33131
Ryan Dickinson	officer: Acting CFO; COO, PRES & TREAS	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Matthew Clemenson	director, 10 percent owner, officer: Chief Commercial Officer	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019