TrueBlue (TrueBlue) Cash And Cash Equivalents : $62 Mil (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is TrueBlue Cash And Cash Equivalents?

TrueBlue's quarterly cash and cash equivalents declined from Jun. 2023 ($49.65 Mil) to Sep. 2023 ($47.11 Mil) but then increased from Sep. 2023 ($47.11 Mil) to Dec. 2023 ($61.89 Mil).

TrueBlue's annual cash and cash equivalents increased from Dec. 2021 ($49.90 Mil) to Dec. 2022 ($72.05 Mil) but then declined from Dec. 2022 ($72.05 Mil) to Dec. 2023 ($61.89 Mil).

TrueBlue Cash And Cash Equivalents Historical Data

The historical data trend for TrueBlue's Cash And Cash Equivalents 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.

TrueBlue Cash And Cash Equivalents Chart

TrueBlue Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

37.61

62.51

49.90

72.05

61.89

TrueBlue Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															72.05	47.22	49.65	47.11	61.89

TrueBlue Cash And Cash Equivalents 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.

TrueBlue (NYSE:TBI) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

TrueBlue Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of TrueBlue's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

TrueBlue (TrueBlue) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TrueBlue Inc (NYSE:TBI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 A Street, Tacoma, WA, USA, 98402

Website

https://www.trueblue.com

TrueBlue Inc is a provider of staffing and workforce management solutions. The company's reportable segments include PeopleReady offers industrial staffing services. PeopleManagement offers contingent and productivity-based on-site industrial staffing services and PeopleScout offers recruitment process outsourcing, talent advisory services, and managed service provider services. It generates maximum revenue from the PeopleReady segment.

Executives

Kim Harris Jones	director	THREE LAKES DRIVE, NORTHFIELD IL 60093
Sonita Lontoh	director	C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Robert C. Kreidler	director	1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Richard P. Betori	officer: EVP; President - PeopleScout	1015 A STREET, TACOMA WA 98402
Taryn R Owen	officer: EVP,President - PeopleScout	1015 A ST, TACOMA WA 98402
Kristi A Savacool	director	100 HALF DAY ROAD, LINCOLNSHIRE IL 60069
Paul G Reitz	director	1301 FIRST AVENUE, COLUMBUS GA 31901
Carl Schweihs	officer: EVP, President - PeopleMgmt	1015 A STREET, TACOMA WA 98402
Kristy A. Fitzsimmons-willis	officer: EVP; President - PeopleReady	1015 A STREET, TACOMA WA 98402
Garrett Ferencz	officer: EVP, Chief Legal Officer	1015 A STREET, TACOMA WA 98402
William C. Goings	director	1015 A ST, TACOMA WA 98402
Derrek Lane Gafford	officer: EVP and CFO	1015 A STREET, P.O. BOX 2910, TACOMA WA 98402
Richard Christensen	officer: SVP, Chief Accounting Officer	1015 A STREET, TACOMA WA 98402
Steven C Cooper	director	PO BOX 2910, TACOMA WA 98401-2910
A. Patrick Beharelle	officer: CEO	1015 A STREET, TACOMA WA 98402