Cirata (Cirata) Cash And Cash Equivalents : $18.25 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Cirata Cash And Cash Equivalents?

Cirata's quarterly cash and cash equivalents declined from Dec. 2022 ($19.11 Mil) to Jun. 2023 ($3.18 Mil) but then increased from Jun. 2023 ($3.18 Mil) to Dec. 2023 ($18.25 Mil).

Cirata's annual cash and cash equivalents declined from Dec. 2021 ($27.76 Mil) to Dec. 2022 ($19.11 Mil) and declined from Dec. 2022 ($19.11 Mil) to Dec. 2023 ($18.25 Mil).

Cirata Cash And Cash Equivalents Historical Data

The historical data trend for Cirata'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.

Cirata Cash And Cash Equivalents Chart

Cirata Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

23.35

21.04

27.76

19.11

18.25

Cirata Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															27.76	32.75	19.11	3.18	18.25

Cirata 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.

Cirata (OTCPK:WANSF) 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.

Cirata Cash And Cash Equivalents Related Terms

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

Cirata (Cirata) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cirata Plc (OTCPK:WANSF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CRTA:UK CRTA:UK

Address

1-13 Angel Street, Castle House, Sheffield, GBR, S3 8LN

Website

https://www.cirata.com

Cirata Plc is a provider of collaboration software to the software development industry. It offers Active Data Replication, a patented technology that enables the replication of continuously changing data to the cloud and on-premises data centers. The company primarily serves the big data and source code management markets. In addition, the company offers cloud migration, cloud replication, data lakes, developer collaboration, real-time analytics, and the internet of things. The company currently operates in three geographical markets: North America, Europe, and the Rest of the World. The company's largest end market by revenue in North America.