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Social Capital Hedosophia Holdings II (Social Capital Hedosophia Holdings II) Cash, Cash Equivalents, Marketable Securities : $0.25 Mil (As of Sep. 2020)


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What is Social Capital Hedosophia Holdings II Cash, Cash Equivalents, Marketable Securities?

Social Capital Hedosophia Holdings II's quarterly cash, cash equivalents, marketable securities increased from Mar. 2020 ($0.16 Mil) to Jun. 2020 ($0.99 Mil) but then stayed the same from Jun. 2020 ($0.99 Mil) to Sep. 2020 ($0.25 Mil).

Social Capital Hedosophia Holdings II Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Social Capital Hedosophia Holdings II'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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Social Capital Hedosophia Holdings II Cash, Cash Equivalents, Marketable Securities Chart

Social Capital Hedosophia Holdings II Annual Data
Trend Dec19
Cash, Cash Equivalents, Marketable Securities
-

Social Capital Hedosophia Holdings II Quarterly Data
Dec19 Mar20 Jun20 Sep20
Cash, Cash Equivalents, Marketable Securities - 0.16 0.99 0.25

Social Capital Hedosophia Holdings II 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.

Social Capital Hedosophia Holdings II  (NYSE:IPOB) 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.

Social Capital Hedosophia Holdings II Cash, Cash Equivalents, Marketable Securities Related Terms

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Social Capital Hedosophia Holdings II (Social Capital Hedosophia Holdings II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Social Capital Hedosophia Holdings Corp II (NYSE:IPOB) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
Traded in Other Exchanges
N/A
Address
317 University Avenue, Suite 200, Palo Alto, CA, USA, 94301
Website
http://www.socialcapitalhedosophiaholdings.com
Social Capital Hedosophia Holdings Corp II is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.