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Serve Robotics (Serve Robotics) Cash And Cash Equivalents : $0.43 Mil (As of Mar. 2024)


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What is Serve Robotics Cash And Cash Equivalents?

Serve Robotics's quarterly cash and cash equivalents declined from Sep. 2023 ($3.50 Mil) to Dec. 2023 ($0.01 Mil) but then increased from Dec. 2023 ($0.01 Mil) to Mar. 2024 ($0.43 Mil).

Serve Robotics's annual cash and cash equivalents declined from Dec. 2021 ($7.97 Mil) to Dec. 2022 ($2.72 Mil) and declined from Dec. 2022 ($2.72 Mil) to Dec. 2023 ($0.01 Mil).

Serve Robotics Cash And Cash Equivalents Historical Data

The historical data trend for Serve Robotics'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.

Serve Robotics Cash And Cash Equivalents Chart

Serve Robotics Annual Data
Trend Dec21 Dec22 Dec23
Cash And Cash Equivalents
7.97 2.72 0.01

Serve Robotics Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only - 0.02 3.50 0.01 0.43

Serve Robotics 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.

Serve Robotics  (NAS:SERV) 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.

Serve Robotics Cash And Cash Equivalents Related Terms

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Serve Robotics (Serve Robotics) Business Description

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Address
730 Broadway, Redwood, CA, USA, 94063
Website
https://www.serverobotics.com
Serve Robotics Inc is developing next-generation robots for last-mile delivery services. Its first product is a zero-emission robot that serves people in public areas, Starting with food delivery. It has developed an advanced, AI-robotics mobility platform, with last-mile delivery in cities as its first application.