MDALF (MDA Space) Cash And Cash Equivalents : $102.8 Mil (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is MDA Space Cash And Cash Equivalents?

MDA Space's quarterly cash and cash equivalents increased from Mar. 2024 ($21.65 Mil) to Jun. 2024 ($33.86 Mil) and increased from Jun. 2024 ($33.86 Mil) to Sep. 2024 ($102.76 Mil).

MDA Space's annual cash and cash equivalents declined from Dec. 2021 ($65.31 Mil) to Dec. 2022 ($28.93 Mil) and declined from Dec. 2022 ($28.93 Mil) to Dec. 2023 ($16.77 Mil).

MDA Space Cash And Cash Equivalents Historical Data

The historical data trend for MDA Space'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.

MDA Space Cash And Cash Equivalents Chart

MDA Space Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

61.36

65.31

28.93

16.77

MDA Space Quarterly Data
	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													9.90	16.77	21.65	33.86	102.76

MDA Space 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.

MDA Space (OTCPK:MDALF) 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.

MDA Space Cash And Cash Equivalents Related Terms

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

MDA Space Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MDA Space Ltd (OTCPK:MDALF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MDA:Canada

Address

7500 Financial Drive, Brampton, ON, CAN, L6Y 6K7

Website

https://www.mda.space

MDA Space Ltd is a developer and manufacturer of technology and services to space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, and space exploration and infrastructure.