Thinkific Labs (TSX:THNC) Cash, Cash Equivalents, Marketable Securities : C$118.19 Mil (As of Mar. 2024)

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What is Thinkific Labs Cash, Cash Equivalents, Marketable Securities?

Thinkific Labs's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (C$117.17 Mil) to Dec. 2023 (C$116.20 Mil) but then increased from Dec. 2023 (C$116.20 Mil) to Mar. 2024 (C$118.19 Mil).

Thinkific Labs's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (C$161.35 Mil) to Dec. 2022 (C$127.49 Mil) and declined from Dec. 2022 (C$127.49 Mil) to Dec. 2023 (C$116.20 Mil).

Thinkific Labs Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Thinkific Labs'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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Thinkific Labs Cash, Cash Equivalents, Marketable Securities Chart

Thinkific Labs Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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4.86

11.61

161.35

127.49

116.20

Thinkific Labs Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	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														121.46	112.49	117.17	116.20	118.19

Thinkific Labs 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.

Thinkific Labs (TSX:THNC) 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.

Thinkific Labs Cash, Cash Equivalents, Marketable Securities Related Terms

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Thinkific Labs (TSX:THNC) Business Description

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THNCF:USA 5S0:Germany

Address

369 Terminal Ave, Suite 400, Vancouver, BC, CAN, V6A 4C4

Website

https://www.thinkific.com

Thinkific Labs Inc is a cloud-based software platform. The Company's primary business activity is to provide a platform that helps entrepreneurs and established businesses to scale and generate revenue by teaching what they know. The Company's platform provides its Creators with the functionality needed to launch, grow, and diversify their businesses by creating and selling learning products composed of customized courses, communities, membership sites, and other experiences that our Creators can create, sell and deliver using the Company's Platform.

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