Converge Technology Solutions (TSX:CTS) Ending Cash Position : C$180 Mil (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Converge Technology Solutions Ending Cash Position?

Converge Technology Solutions's Ending Cash Position for the quarter that ended in Sep. 2024 was C$180 Mil.

Converge Technology Solutions's quarterly Ending Cash Position increased from Mar. 2024 (C$158 Mil) to Jun. 2024 (C$174 Mil) and increased from Jun. 2024 (C$174 Mil) to Sep. 2024 (C$180 Mil).

Converge Technology Solutions's annual Ending Cash Position declined from Dec. 2021 (C$248 Mil) to Dec. 2022 (C$160 Mil) but then increased from Dec. 2022 (C$160 Mil) to Dec. 2023 (C$170 Mil).

Converge Technology Solutions Ending Cash Position Historical Data

The historical data trend for Converge Technology Solutions's Ending Cash Position 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.

Converge Technology Solutions Ending Cash Position Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

Get a 7-Day Free Trial

20.59

64.77

248.19

159.89

169.87

Converge Technology Solutions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Ending Cash Position	Get a 7-Day Free Trial															105.22	169.87	158.06	173.82	180.46

Converge Technology Solutions Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Converge Technology Solutions's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	159.89	+	9.982
	=	170

Converge Technology Solutions's Ending Cash Position for the quarter that ended in Sep. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	174.087	+	6.377
	=	180

Converge Technology Solutions Ending Cash Position Related Terms

Thank you for viewing the detailed overview of Converge Technology Solutions's Ending Cash Position provided by GuruFocus.com. Please click on the following links to see related term pages.

Converge Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Converge Technology Solutions Corp (TSX:CTS) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

CTSDF:USA 0ZB:Germany

Address

161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2S1

Website

https://www.convergetp.com

Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face.

Executives

Greg Berard	Senior Officer
John Teltsch	Senior Officer
Avjit Kamboj	Senior Officer
Toni Rinow	Director
Cory Reid	Senior Officer
Shaun Maine	Director, Senior Officer
Brian Arthur Phillips	Director
Thomas Volk	Director
Darlene Kelly	Director
Donald Lawrence Cuthbertson	Senior Officer
Richard Lecoutre	Senior Officer
Winton Smith	Senior Officer
Carl Gilbert Smith	Senior Officer
Gordon Mcmillan	10% Security Holder, Director
Ralph Garcea	Director