Plurilock Security (TSXV:PLUR) Cash, Cash Equivalents, Marketable Securities : C$1.92 Mil (As of Dec. 2023)

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What is Plurilock Security Cash, Cash Equivalents, Marketable Securities?

Plurilock Security's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 (C$3.03 Mil) to Sep. 2023 (C$3.57 Mil) but then stayed the same from Sep. 2023 (C$3.57 Mil) to Dec. 2023 (C$1.92 Mil).

Plurilock Security's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (C$9.47 Mil) to Dec. 2022 (C$2.71 Mil) and declined from Dec. 2022 (C$2.71 Mil) to Dec. 2023 (C$1.92 Mil).

Plurilock Security Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Plurilock Security'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.

Plurilock Security Cash, Cash Equivalents, Marketable Securities Chart

Plurilock Security Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

0.15

1.72

9.47

2.71

1.92

Plurilock Security Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial														2.71	1.29	3.03	3.57	1.92

Plurilock Security 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.

Plurilock Security (TSXV:PLUR) 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.

Plurilock Security Cash, Cash Equivalents, Marketable Securities Related Terms

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Plurilock Security (TSXV:PLUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Plurilock Security Inc (TSXV:PLUR) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

PLCKF:USA 659:Germany

Address

1021 West Hastings Street, MNP Tower, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.plurilock.com

Plurilock Security Inc is an identity-centric cybersecurity company that reduces or eliminates the need for passwords by measuring the pace, rhythm, and cadence of a user's keystrokes to confirm their identity. It has two operating segments, the Technology Division and the Solutions Division. The Technology division, operated under the legacy Plurilock brand, builds and operates Plurilock's own proprietary products. The Solutions division offers ASC's and INC's services and resells cybersecurity industry products and technologies to meet customer needs.

Executives

Jord Tanner

Senior Officer