STCGF (Stack Capital Group) Cash And Cash Equivalents : $7.94 Mil (As of Sep. 2024)

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What is Stack Capital Group Cash And Cash Equivalents?

Stack Capital Group's quarterly cash and cash equivalents declined from Mar. 2024 ($10.39 Mil) to Jun. 2024 ($8.31 Mil) but then stayed the same from Jun. 2024 ($8.31 Mil) to Sep. 2024 ($7.94 Mil).

Stack Capital Group's annual cash and cash equivalents declined from Dec. 2021 ($59.64 Mil) to Dec. 2022 ($22.00 Mil) and declined from Dec. 2022 ($22.00 Mil) to Dec. 2023 ($18.69 Mil).

Stack Capital Group Cash And Cash Equivalents Historical Data

The historical data trend for Stack Capital 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.

* Premium members only.

Stack Capital Group Cash And Cash Equivalents Chart

Stack Capital Group Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

59.64

22.00

18.69

Stack Capital Group Quarterly Data
	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										19.04	18.69	10.39	8.31	7.94

Stack Capital 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.

Stack Capital Group (OTCPK:STCGF) 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.

Stack Capital Group Cash And Cash Equivalents Related Terms

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Stack Capital Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Stack Capital Group Inc (OTCPK:STCGF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

STCK:Canada

Address

155 Wellington Street West, Suite 3140, Toronto, ON, CAN, M5V 3H1

Website

https://www.stackcapitalgroup.com

Stack Capital Group Inc is a newly formed investment holding company. It is focused on investing in growth to late-stage private issuers with operating businesses, with long-term growth potential, located in, or with customers, suppliers or business primarily conducted in or dependent on, Canada or the United States. Its business objective is to maximize its long-term capital appreciation by seeking to achieve superior risk-adjusted investment performance.

Stack Capital Group Headlines

From GuruFocus

Stack Capital Group Announces Election of Directors

By GlobeNewswire GlobeNewswire • 05-20-2022