Wag Group Co (Wag Group Co) Cash, Cash Equivalents, Marketable Securities : $12.60 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Wag Group Co Cash, Cash Equivalents, Marketable Securities?

Wag Group Co's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 ($22.30 Mil) to Dec. 2023 ($18.32 Mil) but then stayed the same from Dec. 2023 ($18.32 Mil) to Mar. 2024 ($12.60 Mil).

Wag Group Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($5.40 Mil) to Dec. 2022 ($38.97 Mil) but then declined from Dec. 2022 ($38.97 Mil) to Dec. 2023 ($18.32 Mil).

Wag Group Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Wag Group Co'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.

Wag Group Co Cash, Cash Equivalents, Marketable Securities Chart

Wag Group Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

19.41

5.40

38.97

18.32

Wag Group Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									24.50	24.79	22.30	18.32	12.60

Wag Group Co 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.

Wag Group Co (NAS:PET) 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.

Wag Group Co Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Wag Group Co's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Wag Group Co (Wag Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wag Group Co (NAS:PET) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Francisco Street, Suite 360, San Francisco, CA, USA, 94133

Website

https://www.wagwalking.com

Wag Group Co develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent Pet Caregivers to connect with pet parents. The platform allows pet parents to make pet service requests in the platform, which can then be fulfilled by Pet Caregivers. Wag supports dog walking, pet sitting, pet boarding, drop-in visits at the pet parent's home, advice from licensed pet experts, training services, pet insurance comparison tools, and pet wellness plans.

Executives

Dylan Allread	officer: Chief Operating Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Brian Yee	director	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Alec Davidian	officer: Chief Financial Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Nicholas Yu	officer: Director of Legal	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
David Cane	officer: Chief Customer Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Patrick Mccarthy	officer: Chief Marketing Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Garrett Smallwood	director, officer: Chief Executive Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Adam Storm	officer: Pres. & Chief Product Off.	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Maziar Arjomand	officer: Chief Technology Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Sherpaventures Fund Ii Gp, Llc	10 percent owner	505 HOWARD STREET, SUITE 201, SAN FRANCISCO CA 94105
Acme Opportunity Fund, Lp	10 percent owner	800 MARKET STREET, SUITE 800, SAN FRANCISCO CA 94102
Acme Opportunity Fund Gp, Llc	10 percent owner	800 MARKET STREET, SUITE 800, SAN FRANCISCO CA 94102
Kimberly A. Blackwell	director	55 FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Sheila Lirio Marcelo	director	CARE.COM, INC., 201 JONES ROAD, SUITE 500, WALTHAM MA 02451
Battery Partners Xi Side Fund, Llc	10 percent owner	ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210