Wejo Group (Wejo Group) Cash, Cash Equivalents, Marketable Securities : $0.84 Mil (As of Mar. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Wejo Group Cash, Cash Equivalents, Marketable Securities?

Wejo Group's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 ($14.72 Mil) to Dec. 2022 ($8.63 Mil) but then stayed the same from Dec. 2022 ($8.63 Mil) to Mar. 2023 ($0.84 Mil).

Wejo Group's annual cash, cash equivalents, marketable securities increased from Dec. 2020 ($14.42 Mil) to Dec. 2021 ($67.32 Mil) but then declined from Dec. 2021 ($67.32 Mil) to Dec. 2022 ($8.63 Mil).

Wejo Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Wejo Group'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.

Wejo Group Cash, Cash Equivalents, Marketable Securities Chart

Wejo Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

1.30

14.42

67.32

8.63

Wejo Group Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial							39.73	22.03	14.72	8.63	0.84

Wejo Group 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.

Wejo Group (OTCPK:WEJWF) 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.

Wejo Group Cash, Cash Equivalents, Marketable Securities Related Terms

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

Wejo Group (Wejo Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wejo Group Ltd (OTCPK:WEJWF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Victoria Street, Canon’s Court, Hamilton, BMU, HM12

Website

https://www.wejo.com

Wejo Group Ltd provides software and technology solutions to various market verticals in combination with services that utilize ingested and standardized connected vehicle and other high volume, high value datasets through its proprietary cloud software and analytics platform, Wejo Neural Edge (which includes Wejo ADEPT platform). The Company's sector solutions, delivered at this time in North America and Europe, provide valuable insights to its customers in public and private organizations, including, but not limited to, OEMs, first-tier (Tier 1) automotive suppliers, fleet management companies (Fleets), departments of transportation, retailers, mapping companies, universities, insurance companies, advertising firms, construction firms and research departments.