Squarespace (Squarespace) Cash, Cash Equivalents, Marketable Securities : $289 Mil (As of Mar. 2024)

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What is Squarespace Cash, Cash Equivalents, Marketable Securities?

Squarespace's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($216.46 Mil) to Dec. 2023 ($257.70 Mil) and increased from Dec. 2023 ($257.70 Mil) to Mar. 2024 ($288.89 Mil).

Squarespace's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($234.70 Mil) to Dec. 2022 ($228.79 Mil) but then increased from Dec. 2022 ($228.79 Mil) to Dec. 2023 ($257.70 Mil).

Squarespace Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Squarespace'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.

Squarespace Cash, Cash Equivalents, Marketable Securities Chart

Squarespace Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

120.43

95.35

234.70

228.79

257.70

Squarespace Quarterly Data
	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													239.33	274.00	216.46	257.70	288.89

Squarespace 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.

Squarespace (NYSE:SQSP) 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.

Squarespace Cash, Cash Equivalents, Marketable Securities Related Terms

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Squarespace (Squarespace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Squarespace Inc (NYSE:SQSP) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

S2QS34:Brazil

Address

225 Varick Street, 12th Floor, New York, NY, USA, 10014

Website

https://www.squarespace.com

Squarespace is a provider of subscription-based website-building software and hosting services primarily servicing entrepreneurs and micro businesses. The company offers a range of add-on and standalone tools, including scheduling functionality, email marketing, member areas for paid content, and design tools for social media and video content. Following the 2021 acquisition of Tock, Squarespace has expanded into servicing hospitality customers with reservation, take-out, and event management software.

Executives

Anthony Casalena	director, 10 percent owner, officer: Chief Executive Officer	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Nathan Gooden	officer: Chief Financial Officer	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
O'connor Courtenay	officer: General Counsel and Secretary	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
General Atlantic (sqrs) Lp	director, 10 percent owner	55 EAST 52ND STREET, FLOOR 33, NEW YORK NY 10055
General Atlantic, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Paul Gubbay	officer: Chief Product Officer	C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Jonathan D Klein	director	C/O GETTY IMAGES, INC., 601 N 34TH ST, SEATTLE WA 98103
Index Venture Growth Associates I Ltd	10 percent owner	5TH FLOOR, 44 ESPLANADE, ST HELIER, CHANNEL ISLANDS Y9 JE1 3FG
Index Ventures Growth I Parallel Entrepreneur Fund (jersey) L.p.	10 percent owner	NO.1 SEATON PLACE, ST. HELIER, JERSEY (CHANNEL ISLANDS) XX JE4 8YJ
Neela Montgomery	director	C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Liza Landsman	director	1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Anton J Levy	director	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Index Ventures Growth I (jersey) L.p.	10 percent owner	NO.1 SEATON PLACE, ST. HELIER, JERSEY (CHANNEL ISLANDS) XX JE4 8YJ
(jersey) Slp Yucca	10 percent owner	NO. 1 SEATON PLACE, ST. HELIER Y9 Y9 JE48YJ
General Atlantic (spv) Gp, Llc	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055