SBET (SharpLink Gaming) Cash, Cash Equivalents, Marketable Securities : $1.44 Mil (As of Dec. 2024)

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What is SharpLink Gaming Cash, Cash Equivalents, Marketable Securities?

SharpLink Gaming's quarterly cash, cash equivalents, marketable securities declined from Jun. 2024 ($2.44 Mil) to Sep. 2024 ($1.85 Mil) but then stayed the same from Sep. 2024 ($1.85 Mil) to Dec. 2024 ($1.44 Mil).

SharpLink Gaming's annual cash, cash equivalents, marketable securities increased from Dec. 2022 ($1.38 Mil) to Dec. 2023 ($2.49 Mil) but then declined from Dec. 2023 ($2.49 Mil) to Dec. 2024 ($1.44 Mil).

SharpLink Gaming Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for SharpLink Gaming'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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SharpLink Gaming Cash, Cash Equivalents, Marketable Securities Chart

SharpLink Gaming Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

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2.59

6.07

1.38

2.49

1.44

SharpLink Gaming Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										2.49	4.01	2.44	1.85	1.44

SharpLink Gaming 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.

SharpLink Gaming (NAS:SBET) 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.

SharpLink Gaming Cash, Cash Equivalents, Marketable Securities Related Terms

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SharpLink Gaming Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SharpLink Gaming Inc (NAS:SBET) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Washington Avenue North, Suite 104, Minneapolis, MN, USA, 55401

Website

https://www.sharplink.com

SharpLink Gaming Inc is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The company owns a performance marketing platform through which the company owns and operates state-specific web domains designed to attract, acquire, and drive local sports betting and casino traffic directly to its sportsbook and casino partners which are licensed to operate in each respective state. The company has one operating segment: Affiliate Marketing Services, which operates in United States and Rest of the world. The company generates the majority of the revenue earned from the Affiliate Marketing Services in Rest of the world.

Executives

Thomas A Doering	director	10202 E. JOURNEY LANE, SCOTTSDALE AZ 85255
Robert Michael Delucia	officer: Chief Financial Officer	4400 CARILLON POINT, KIRKLAND WA 98033
Scott J Pollei	director	C/O DOLAN MEDIA COMPANY, 706 SECOND AVENUE SOUTH, SUITE 1200, MINNEAPOLIS MN 55402
Paul Abdo	director	6412 CHEROKEE TRAIL, EDINA MN 55439
Christopher J Nicholas	director, officer: Chief Operating Officer	91 WESTBURY, AVON CT 06001
Rob Phythian	director, officer: Chief Executive Officer	1886 ELEANOR AVENUE, ST. PAUL MN 55116
Joseph Clifford Housman	director	6820 105TH TRN, BROOKLYN PARK MN 55445
David Jay Abbott	officer: Chief Technology Officer	17713 KINGSWAY PATH, LAKEVILLE MN 55044
Adrienne Anderson	director	5911 NW 58TH TERRACE, PARKLAND FL 33067
Mintbroker International, Ltd.	10 percent owner	ELIZABETH AVE. & BAY STREET, NASSAU C5 N-8340