INLX has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
INLX has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Intellinetics's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 ($1.69 Mil) to Dec. 2023 ($1.22 Mil) but then stayed the same from Dec. 2023 ($1.22 Mil) to Mar. 2024 ($1.19 Mil).
Intellinetics's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($1.75 Mil) to Dec. 2022 ($2.70 Mil) but then declined from Dec. 2022 ($2.70 Mil) to Dec. 2023 ($1.22 Mil).
The historical data trend for Intellinetics'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.
Intellinetics Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash, Cash Equivalents, Marketable Securities | Get a 7-Day Free Trial | 0.40 | 1.91 | 1.75 | 2.70 | 1.22 |
Intellinetics Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cash, Cash Equivalents, Marketable Securities | Get a 7-Day Free Trial | 1.42 | 1.13 | 1.69 | 1.22 | 1.19 |
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.
Intellinetics (AMEX:INLX) 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.
Thank you for viewing the detailed overview of Intellinetics's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.
Paul Seid | director | 22 WOODHAVEN DRIVE, NEW CITY NY 10956 |
Robert Taglich | 10 percent owner | 700 NEW YORK AVENUE, HUNTINGTON NY 11743 |
John C Guttilla | director | C/O ORCHIDS PAPER PRODUCTS COMPANY, 4826 HUNT STREET, PRYOR OK 74361 |
Michael N Taglich | 10 percent owner | TAGLICH BROTHERS INC, 1370 AVENUE OF THE AMERICAS --31ST FLOOR, NEW YORK NY 6317254791 |
William Cooke | director | 800 STANDARD PARKWAY, AUBURN HILLS MI 48326 |
Robert C Schroeder | director | 37 MAIN STREET, COLD SPRING HARBOR, NEW YORK NY 11724 |
James F Desocio | director, officer: Chief Executive Officer | 380 ST PETER STREET, ST PAUL MN 55102 |
Joseph D Spain | officer: Chief Financial Officer | 2190 DIVIDEND DR., COLUMBUS OH 43228 |
Roger E. Kahn | director | C/O BRIDGELINE DIGITAL, INC., 80 BLANCHARD ROAD, BURLINGTON MA 01803 |
Sophie Pibouin | director | 4 SAINT JODE COURT, NORTHPORT NY 11768 |
Murray H Gross | director | 2951 KINWEST PARKWAY, IRVING TX 75063 |
Thomas D Moss | director | 2190 DIVIDEND DRIVE, COLUMBUS OH 43228 |
Matthew L Chretien | director, 10 percent owner, officer: President and CEO | 2190 DIVIDEND DRIVE, COLUMBUS OH 43228 |
A Michael Chretien | director, 10 percent owner, officer: Secretary and Chairman | 2190 DIVIDEND DRIVE, COLUMBUS OH 43228 |
Ramon M Shealy | other: Former Director* | 2190 DIVIDEND DRIVE, COLUMBUS OH 43228 |
From GuruFocus
By Value_Insider Value_Insider • 10-31-2022
By Value_Insider Value_Insider • 11-01-2022
By PurpleRose PurpleRose • 08-16-2022
By GuruFocusNews GuruFocusNews • 06-28-2022
By PurpleRose PurpleRose • 08-18-2022
By GuruFocusNews GuruFocusNews • 04-05-2022
By GuruFocusNews GuruFocusNews • 06-18-2022
By Marketwired Marketwired • 05-04-2021
By Marketwired Marketwired • 11-30-2020
By GuruFocusNews GuruFocusNews • 07-03-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.