DFLI (Dragonfly Energy Holdings) Cash, Cash Equivalents, Marketable Securities : $8.02 Mil (As of Sep. 2024)

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What is Dragonfly Energy Holdings Cash, Cash Equivalents, Marketable Securities?

Dragonfly Energy Holdings's quarterly cash, cash equivalents, marketable securities declined from Mar. 2024 ($8.50 Mil) to Jun. 2024 ($4.70 Mil) but then increased from Jun. 2024 ($4.70 Mil) to Sep. 2024 ($8.02 Mil).

Dragonfly Energy Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($25.59 Mil) to Dec. 2022 ($17.78 Mil) and declined from Dec. 2022 ($17.78 Mil) to Dec. 2023 ($12.71 Mil).

Dragonfly Energy Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Dragonfly Energy Holdings's Cash, Cash Equivalents, Marketable Securities 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.

Dragonfly Energy Holdings Cash, Cash Equivalents, Marketable Securities Chart

Dragonfly Energy Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

6.21

25.59

17.78

12.71

Dragonfly Energy Holdings Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial											13.24	12.71	8.50	4.70	8.02

Dragonfly Energy Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Dragonfly Energy Holdings (NAS:DFLI) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Dragonfly Energy Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Dragonfly Energy Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dragonfly Energy Holdings Corp (NAS:DFLI) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1190 Trademark Drive, No. 108, Reno, NV, USA, 89521

Website

https://www.dragonflyenergy.com

Dragonfly Energy Holdings Corp is a manufacturer of non-toxic deep cycle lithium-ion batteries that are designed to displace lead acid batteries in a number of different storage applications and end markets including RV, marine vessel, and solar and off-grid industries, with disruptive solid-state cell technology currently under development. The company's deep cycle lithium iron phosphate ("LFP") batteries provide numerous advantages compared to incumbent products, such as lead-acid batteries. LFP batteries are non-toxic and environmentally friendly, do not rely on scarce or controversial metals, and are a highly cost-effective storage solution.

Executives

Wade Seaburg	officer: Chief Revenue Officer	C/O DRAGONFLY ENERGY HOLDINGS CORP., 1190 TRADEMARK DRIVE #108, RENO NV 89521
Karina Edmonds	director	1190 TRADEMARK DRIVE, #108, RENO NV 89521
Luisa Ingargiola	director	4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Brian James Nelson	director	C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 108, RENO NV 89521
Jonathan Bellows	director	C/O DRAGONFLY ENERGY CORP., 1190 TRADEMARK DR., SUITE 118, RENO NV 89521
Dynavolt Technology (hk) Ltd.	10 percent owner	A1601 COMPREHENSIVE BUSINESS BUILDING, MENGSHI INTERNATIONAL PLAZA,GUANGYI ROAD, CHENG HAI, GUANGDONG F4 00000
Tyler Bourns	officer: Senior VP of Marketing	1190 TRADEMARK DRIVE, #118, RENO NV 89521
Joan Buell	officer: Controller	1190 TRADEMARK DRIVE, #118, RENO NV 89521
Nicole Harvey	officer: Gen Counsel,Comp Off,Corp Sec	1190 TRADEMARK DRIVE, #118, RENO NV 89521
Sean Nichols	officer: Chief Operating Officer	1190 TRADEMARK DRIVE, #108, RENO NV 89521
Denis Phares	director, 10 percent owner, officer: President and CEO	1190 TRADEMARK DRIVE, #108, RENO NV 89521
John Marchetti	officer: Chief Financial Officer	3736 FALLON ROAD #428, DUBLIN CA 94568
Rick Parod	director	2707 N 108TH STREET STE102, OMAHA NE 68164
Roderick A. Hardamon	director	17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004
Hitesh Thakrar	director	17 STATE STREET, 21ST FLOOR, NEW YORK NY 10004