GCT Semiconductor Holding (GCT Semiconductor Holding) Cash, Cash Equivalents, Marketable Securities : $16.12 Mil (As of Mar. 2024)

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What is GCT Semiconductor Holding Cash, Cash Equivalents, Marketable Securities?

GCT Semiconductor Holding's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($0.12 Mil) to Dec. 2023 ($0.26 Mil) and increased from Dec. 2023 ($0.26 Mil) to Mar. 2024 ($16.12 Mil).

GCT Semiconductor Holding's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($1.25 Mil) to Dec. 2022 ($1.40 Mil) but then declined from Dec. 2022 ($1.40 Mil) to Dec. 2023 ($0.26 Mil).

GCT Semiconductor Holding Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for GCT Semiconductor Holding'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.

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GCT Semiconductor Holding Cash, Cash Equivalents, Marketable Securities Chart

GCT Semiconductor Holding Annual Data

Trend

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

1.25

1.40

0.26

GCT Semiconductor Holding Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			1.40	-	0.12	0.26	16.12

GCT Semiconductor Holding 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.

GCT Semiconductor Holding (NYSE:GCTS) 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.

GCT Semiconductor Holding Cash, Cash Equivalents, Marketable Securities Related Terms

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GCT Semiconductor Holding (GCT Semiconductor Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » GCT Semiconductor Holding Inc (NYSE:GCTS) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

2290 North 1st Street, Suite 201, San Jose, CA, USA, 95131

Website

https://www.gctsemi.com

GCT Semiconductor Holding Inc. is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness.

GCT Semiconductor Holding (GCT Semiconductor Holding) Headlines

From GuruFocus

GCT Semiconductor Appoints Nelson C. Chan to Board of Directors

By Business Wire • 04-01-2024