TAYD (Taylor Devices) Cash And Cash Equivalents : $2.30 Mil (As of Feb. 2025)

View and export this data going back to 1995. Start your Free Trial

What is Taylor Devices Cash And Cash Equivalents?

Taylor Devices's quarterly cash and cash equivalents increased from Aug. 2024 ($2.16 Mil) to Nov. 2024 ($2.36 Mil) but then stayed the same from Nov. 2024 ($2.36 Mil) to Feb. 2025 ($2.30 Mil).

Taylor Devices's annual cash and cash equivalents declined from May. 2022 ($22.52 Mil) to May. 2023 ($3.58 Mil) and declined from May. 2023 ($3.58 Mil) to May. 2024 ($2.83 Mil).

Taylor Devices Cash And Cash Equivalents Historical Data

The historical data trend for Taylor Devices'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.

Taylor Devices Cash And Cash Equivalents Chart

Taylor Devices Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Cash And Cash Equivalents

Get a 7-Day Free Trial

15.16

20.58

22.52

3.58

2.83

Taylor Devices Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Cash And Cash Equivalents	Get a 7-Day Free Trial															3.06	2.83	2.16	2.36	2.30

Taylor Devices 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.

Taylor Devices (NAS:TAYD) 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.

Taylor Devices Cash And Cash Equivalents Related Terms

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

Taylor Devices Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Taylor Devices Inc (NAS:TAYD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Taylor Drive, P.O. Box 748, North Tonawanda, North Tonawanda, NY, USA, 14120

Website

https://www.taylordevices.com

Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs, and Vibration Dampers. Its products are generally used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its products to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.

Executives

Timothy John Sopko	director, officer: CHIEF EXECUTIVE OFFICER	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Ira Sochet	10 percent owner	24 NORTH PINE CIRCLE, BELLEAIR FL 33756
Paul Murray Heary	officer: Chief Financial Officer	TAYLOR DEVICES, INC., 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Robert Michael Carey	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Alan Raymond Klembczyk	director, officer: PRESIDENT	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Fritz Eric Armenat	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Randall L Clark	director	475 CAYUGA ROAD, CHEEKTOWAGA NY 14225
Mark V Mcdonough	officer: Chief Financial Officer	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Douglas P Taylor	director, officer: President	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
John Burgess	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Donald B Hofmar	director	TAYLOR DEVICES INC, 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
Richard G Hill	director, officer: Vice President	90 TAYLOR DRIVE, PO BOX 748, NORTH TONAWANDA NY 14120-0748
Newman Reginald B Ii	director	PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Joseph P Gastel	director, officer: Secretary
Baird Foundation Cameron	10 percent owner	C/O KAYINOKY & COOK, 120 DELAWARE AVE, BUFFALO NY 14202