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TRUG (TruGolf Holdings) Cash, Cash Equivalents, Marketable Securities : $7.45 Mil (As of Sep. 2024)


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What is TruGolf Holdings Cash, Cash Equivalents, Marketable Securities?

TruGolf Holdings's quarterly cash, cash equivalents, marketable securities declined from Mar. 2024 ($7.83 Mil) to Jun. 2024 ($6.65 Mil) but then increased from Jun. 2024 ($6.65 Mil) to Sep. 2024 ($7.45 Mil).

TruGolf Holdings's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Dec. 2021 ($10.71 Mil) but then declined from Dec. 2021 ($10.71 Mil) to Dec. 2022 ($9.66 Mil).


TruGolf Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for TruGolf 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.

TruGolf Holdings Cash, Cash Equivalents, Marketable Securities Chart

TruGolf Holdings Annual Data
Trend Dec21 Dec22
Cash, Cash Equivalents, Marketable Securities
10.71 9.66

TruGolf Holdings Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.83 0.18 7.83 6.65 7.45

TruGolf 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.


TruGolf Holdings  (NAS:TRUG) 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.


TruGolf Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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TruGolf Holdings Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
60 North 1400 West, Centerville, UT, USA, 84014
TruGolf Holdings Inc is a indoor golf gaming solutions company. It has built video games ("Links"), innovative hardware solutions, and an all-new e-sports platform to connect golfers around the world with E6 CONNECT.