CompoSecure (CompoSecure) Cash And Cash Equivalents : $55.1 Mil (As of Mar. 2024)

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What is CompoSecure Cash And Cash Equivalents?

CompoSecure's quarterly cash and cash equivalents increased from Sep. 2023 ($23.82 Mil) to Dec. 2023 ($41.22 Mil) and increased from Dec. 2023 ($41.22 Mil) to Mar. 2024 ($55.15 Mil).

CompoSecure's annual cash and cash equivalents declined from Dec. 2021 ($21.94 Mil) to Dec. 2022 ($13.64 Mil) but then increased from Dec. 2022 ($13.64 Mil) to Dec. 2023 ($41.22 Mil).

CompoSecure Cash And Cash Equivalents Historical Data

The historical data trend for CompoSecure'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.

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CompoSecure Cash And Cash Equivalents Chart

CompoSecure Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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26.73

13.42

21.94

13.64

41.22

CompoSecure Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial												22.57	22.61	23.82	41.22	55.15

CompoSecure 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.

CompoSecure (NAS:CMPO) 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.

CompoSecure Cash And Cash Equivalents Related Terms

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CompoSecure (CompoSecure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CompoSecure Inc (NAS:CMPO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

309 Pierce Street, Somerset, NJ, USA, 08873

Website

https://www.composecure.com

CompoSecure Inc is engaged in designing and manufacturing premium financial cards. The Company's innovative metal payment card technology and Arculus security and authentication capabilities deliver unique, premium branded experiences which enable people to access and use their assets, and ensure trust at the point of a transaction. Its products include Metal Cards and Arculus, a digital security platform.

Executives

Bleichroeder Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
Timothy Walter Fitzsimmons	officer: Chief Financial Officer	C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873
Roman Dbdr Tech Sponsor Llc	10 percent owner	2877 PARADISE ROAD, #702, LAS VEGAS NV 89109
Doll Dixon R Jr.	10 percent owner, officer: Co-Chief Executive Officer	4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Donald G Basile	director, 10 percent owner, officer: See Remarks	4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Tikvah Management Llc	10 percent owner	5970 FAIRVIEW ROAD, SUITE 705, CHARLOTTE NC 28210
Paul Galant	director	88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Dixon Doll	director	2420 SAND HILL RD, STE 200, MENLO PARK CA 94025
Amanda Mandy Gourbault	officer: Chief Revenue Officer	C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873
Jonathan Wilk	director, officer: Chief Executive Officer	C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873
Steven J. Mclaughlin	10 percent owner	277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Gregoire Maes	officer: Chief Operating Officer	C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873
Ezrah Charitable Trust	10 percent owner	831 E. MOOREHEAD STREET, SUITE 940, CHARLOTTE NC 28202
Adam Joseph Lowe	officer: Chief Innovation Officer	C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873
Michele Logan	director, 10 percent owner	C/O COMPOSECURE, INC., 309 PIERCE STREET, SOMERSET NJ 08873