TaskUs (STU:6VY) Cash And Cash Equivalents : €162.5 Mil (As of Sep. 2024)

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What is TaskUs Cash And Cash Equivalents?

TaskUs's quarterly cash and cash equivalents increased from Mar. 2024 (€152.12 Mil) to Jun. 2024 (€158.98 Mil) and increased from Jun. 2024 (€158.98 Mil) to Sep. 2024 (€162.52 Mil).

TaskUs's annual cash and cash equivalents increased from Dec. 2021 (€56.27 Mil) to Dec. 2022 (€126.49 Mil) but then declined from Dec. 2022 (€126.49 Mil) to Dec. 2023 (€115.34 Mil).

TaskUs Cash And Cash Equivalents Historical Data

The historical data trend for TaskUs'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.

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TaskUs Cash And Cash Equivalents Chart

TaskUs Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

33.79

88.55

56.27

126.49

115.34

TaskUs Quarterly Data
	Dec19	Mar20	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															107.40	115.34	152.12	158.98	162.52

TaskUs 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.

TaskUs (STU:6VY) 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.

TaskUs Cash And Cash Equivalents Related Terms

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TaskUs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TaskUs Inc (STU:6VY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

TASK:USA

Address

1650 Independence Drive, Suite 100, New Braunfels, TX, USA, 78132

Website

https://www.taskus.com

TaskUs Inc is a provider of outsourced digital services and next-generation customer experience to inventive and disruptive technology companies. It serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech.

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