Hardinge (Hardinge) Cash, Cash Equivalents, Marketable Securities : $39.5 Mil (As of Mar. 2018)

View and export this data going back to 1995. Start your Free Trial

What is Hardinge Cash, Cash Equivalents, Marketable Securities?

Hardinge's quarterly cash, cash equivalents, marketable securities increased from Sep. 2017 ($32.33 Mil) to Dec. 2017 ($44.96 Mil) but then stayed the same from Dec. 2017 ($44.96 Mil) to Mar. 2018 ($39.48 Mil).

Hardinge's annual cash, cash equivalents, marketable securities declined from Dec. 2015 ($32.77 Mil) to Dec. 2016 ($28.26 Mil) but then increased from Dec. 2016 ($28.26 Mil) to Dec. 2017 ($44.96 Mil).

Hardinge Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Hardinge's Cash, Cash Equivalents, Marketable Securities 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.

Hardinge Cash, Cash Equivalents, Marketable Securities Chart

Hardinge Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

34.72

16.29

32.77

28.26

44.96

Hardinge Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															26.73	26.37	32.33	44.96	39.48

Hardinge Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Hardinge (NAS:HDNG) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Hardinge Cash, Cash Equivalents, Marketable Securities Related Terms

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

Hardinge (Hardinge) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hardinge Inc (NAS:HDNG) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Website

http://www.hardinge.com

Hardinge Inc is a machine tool manufacturer. It designs and manufactures computer-numerically controlled cutting lathes, machining centers, grinding machines, collets, chucks, index fixtures and other industrial products. The company operates through two reportable segments, Metalcutting Machine Solutions (MMS) and Aftermarket Tooling and Accessories (ATA). The MMS segment includes high-precision computer controlled metalcutting turning machines, vertical machining centers, horizontal machining centers, grinding machines, and repair parts related to those machines. The Company's ATA segment includes products that are purchased by manufacturers throughout the lives of their machines. The company's products are sold to customers in North America, Europe, and Asia.

Executives

R Tony Tripeny	director	ONE RIVERFRONT PLAZA, CORNING NY 14831
Charles P Dougherty	director, officer: President and CEO	C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Ryan Levenson	director	2396 DELLWOOD DRIVE, ATLANTA GA 30305
Benjamin L Rosenzweig	director	50 OLD IVY ROAD SUITE 230, ATLANTA GA 30342
Mitchell I Quain	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Robert R Rogowski	officer: Corporate Controller	C/0 HARDINGE INC., ONE HARDINGE DRIVE, ELMIRA NY 14903
B. Christopher Disantis	director	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Richard L Simons	other: Former Officer	ONE HARDINGE DRIVE, ELMIRA NY 14902-1507
Privet Fund Lp	10 percent owner	3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Privet Fund Management Llc	10 percent owner	3280 PEACHTREE ROAD NE, SUITE 2670, ATLANTA GA 30305
Robert Lepofsky	director	C/O HARDINGE INC., ONE HARDINGE DRIVE, ELMIRA NY 14902