PRO (Pros Holdings) Cash And Cash Equivalents : $162.0 Mil (As of Dec. 2024)

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What is Pros Holdings Cash And Cash Equivalents?

Pros Holdings's quarterly cash and cash equivalents increased from Jun. 2024 ($139.09 Mil) to Sep. 2024 ($140.56 Mil) and increased from Sep. 2024 ($140.56 Mil) to Dec. 2024 ($161.98 Mil).

Pros Holdings's annual cash and cash equivalents declined from Dec. 2022 ($203.63 Mil) to Dec. 2023 ($168.75 Mil) and declined from Dec. 2023 ($168.75 Mil) to Dec. 2024 ($161.98 Mil).

Pros Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Pros Holdings'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.

Pros Holdings Cash And Cash Equivalents Chart

Pros Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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329.13

227.55

203.63

168.75

161.98

Pros Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															168.75	156.42	139.09	140.56	161.98

Pros Holdings 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.

Pros Holdings (NYSE:PRO) 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.

Pros Holdings Cash And Cash Equivalents Related Terms

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Pros Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pros Holdings Inc (NYSE:PRO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PH2:Germany PH2:Germany

Address

3200 Kirby Drive, Suite 600, Houston, TX, USA, 77098

Website

https://www.pros.com

Pros Holdings Inc provides software solutions that optimize shopping and selling experiences for both business-to-business and business-to-consumer companies across industry verticals in more than nearly 80 countries. Its PROS Platform is designed to help businesses create, optimize and market available offers and handle orders through both first- and third-party digital channels. The firm generates key revenue form the United States of America, Germany, The rest of Europe, Africa, Asia-Pacific, and Middle East regions.

Executives

Leland Jourdan	director	3200 KIRBY DR., SUITE 600, HOUSTON TX 77098
Scott William Cook	officer: Sr.VP,Chief Accounting Officer	3100 MAIN ST., SUITE 900, HOUSTON TX 77002
Andres Reiner	officer: Senior VP Pricing Solutions	3100 MAIN STREET, SUITE 900, HOUSTON TX 77002
Stefan B Schulz	officer: EVP and CFO	9625 W 76TH STREET, EDEN PRAIRIE MN 55344
Timothy V Williams	director	3100 MAIN STREET, STE 900, HOUSTON TX 77002
Cynthia Johnson	director	3200 KIRBY DR., SUITE 600, HOUSTON TX 77098
Greg Petersen	director	3100 MAIN STREET, SUITE 900, HOUSTON TX 77002
Leslie J Rechan	director	2207 BRIDGEPOINTE PARKWAY, SAN MATEO CA 94404
Roberto D Reiner	officer: EVP, Chief Technology Officer	3100 MAIN ST., SUITE 900, HOUSTON TX 77002
Allessio John P. C.	officer: EVP, Chief Customer Officer	3100 MAIN ST., SUITE 900, HOUSTON TX 77002
Catherine A Lesjak	director	GENERAL ELECTRIC COMPANY, ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Raja Hammoud	director	3100 MAIN ST., SUITE 900, HOUSTON TX 77002
Penny Herscher	director	1001 RIDDER PARK DRIVE, SAN JOSE CA 95131
Carlos Dominguez	director	C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003
Ronald F Woestemeyer	director, 10 percent owner, officer: EVP, Strategic Bus. Planning	3100 MAIN STREET, SUITE 900, HOUSTON TX 77002