Infinera (Infinera) Cash, Cash Equivalents, Marketable Securities : $191 Mil (As of Mar. 2024)

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What is Infinera Cash, Cash Equivalents, Marketable Securities?

Infinera's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($123.93 Mil) to Dec. 2023 ($172.51 Mil) and increased from Dec. 2023 ($172.51 Mil) to Mar. 2024 ($190.84 Mil).

Infinera's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($190.61 Mil) to Dec. 2022 ($178.66 Mil) and declined from Dec. 2022 ($178.66 Mil) to Dec. 2023 ($172.51 Mil).

Infinera Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Infinera'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.

Infinera Cash, Cash Equivalents, Marketable Securities Chart

Infinera Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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109.20

298.01

190.61

178.66

172.51

Infinera 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															163.77	163.01	123.93	172.51	190.84

Infinera 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.

Infinera (NAS:INFN) 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.

Infinera Cash, Cash Equivalents, Marketable Securities Related Terms

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Infinera (Infinera) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Infinera Corp (NAS:INFN) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

INFN:Mexico IX6:Germany IX6:Germany

Address

6373 San Ignacio Avenue, San Jose, CA, USA, 95119

Website

https://www.infinera.com

Infinera Corp is a global supplier of networking solutions comprised of networking equipment, software and services. Its portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and support and professional services. The company's customers include operators of fixed line and mobile networks, including telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities and government entities.

Executives

Michael H Fernicola	officer: Chief Accounting Officer	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
David W Heard	officer: GM, Products and Solutions	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
George Andrew Riedel	director	C/O NORTEL NETWORKS CORPORATION, 8200 DIXIE ROAD, SUITE 100, BRAMPTON A6 L6T 5P6
Paul J Milbury	director
David F Welch	officer: Chief Mkting & Strategy Ofcr	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Nicholas Walden	officer: SVP, Worldwide Sales	140 CASPIAN COURT, SUNNYVALE CA 94089
Roop Kalyan Lakkaraju	director	BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Christine Bucklin	director	608 30TH STREET, MANHATTAN BEACH CA 90266
Thomas J Fallon	officer: Chief Operating Officer	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Mark A Wegleitner	director	C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Hooshmand Kambiz	director	6290 SEQUENCE DRIVE, SAN DIEGO CA 92121
Amy H. Rice	director	333 SOUTH GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp, Llc	10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Partners Ltd	10 percent owner	181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3