Shutterstock (Shutterstock) Cash And Cash Equivalents : $71.8 Mil (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Shutterstock Cash And Cash Equivalents?

Shutterstock's quarterly cash and cash equivalents increased from Sep. 2023 ($75.23 Mil) to Dec. 2023 ($100.49 Mil) but then stayed the same from Dec. 2023 ($100.49 Mil) to Mar. 2024 ($71.81 Mil).

Shutterstock's annual cash and cash equivalents declined from Dec. 2021 ($314.02 Mil) to Dec. 2022 ($115.15 Mil) and declined from Dec. 2022 ($115.15 Mil) to Dec. 2023 ($100.49 Mil).

Shutterstock Cash And Cash Equivalents Historical Data

The historical data trend for Shutterstock'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.

Shutterstock Cash And Cash Equivalents Chart

Shutterstock Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

303.26

428.57

314.02

115.15

100.49

Shutterstock Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	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															95.83	87.15	75.23	100.49	71.81

Shutterstock 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.

Shutterstock (NYSE:SSTK) 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.

Shutterstock Cash And Cash Equivalents Related Terms

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

Shutterstock (Shutterstock) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Shutterstock Inc (NYSE:SSTK) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

S3T:Germany S3T:Germany

Address

350 Fifth Avenue, 20th Floor, New York, NY, USA, 10118

Website

https://www.shutterstock.com

Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include photographs, illustrations, vector art, video clips, and music tracks, generates almost all of the company's revenue. Shutterstock's digital content products are marketed under brands including Shutterstock, Bigstock, Offset, Shutterstock Music, and Shutterstock Editorial. Shutterstock is the company's flagship brand, and the majority of the company's sales are derived from the company's shutterstock.com website. The firm's customers include traditional enterprises, marketing agencies, and media organizations. Geographically, North America and Europe jointly account for the majority of the company's revenue.

Executives

Jonathan Oringer	director, 10 percent owner, officer: Chief Executive Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Steven Ciardiello	officer: Chief Accounting Officer	269 HANCE ROAD, FAIR HAVEN NJ 07704
John Caine	officer: Global Head of eCommerce	350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Paul J. Hennessy	director	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Deirdre Mary Bigley	director	109 INWOOD AVENUE, MONTCLAIR NJ 07043
Jarrod Yahes	officer: Chief Financial Officer	425 W. 53RD STREET, PH1, NEW YORK NY 10119
Peter Silvio	officer: Chief Technology Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Stan Pavlovsky	director, officer: Chief Executive Officer	3316 LINCOLN AVE NE, RENTON WA 98056
Thomas R Evans	director	11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Alfonse L Upshaw	director	350 FIFTH AVENUE, 21ST FL, NEW YORK NY 10118
Abraham Moshe Muchnick	officer: Chief Product Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Rachna Bhasin	director	1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Martin Brodbeck	officer: Chief Technology Officer	26 BLAIR ROAD, ARMONK NY 10504
Louis Weiss	officer: Chief Marketing Officer	C/O VITAMIN SHOPPE, 2101 91ST STREET, NORTH BERGEN NJ 07047
Jeffrey Kane Weiser	officer: Chief Marketing Officer	314 S. GLENROY AVENUE, LOS ANGELES CA 90049