: $69.0 Mil (As of Dec. 2023)
Life360's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($62.40 Mil) to Sep. 2023 ($61.85 Mil) but then increased from Sep. 2023 ($61.85 Mil) to Dec. 2023 ($68.96 Mil).
Life360's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($230.99 Mil) to Dec. 2022 ($75.44 Mil) and declined from Dec. 2022 ($75.44 Mil) to Dec. 2023 ($68.96 Mil).
Life360 Cash, Cash Equivalents, Marketable Securities Historical Data
The historical data trend for Life360'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.
| Life360 Annual Data | ||||||||||||
| Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
| Cash, Cash Equivalents, Marketable Securities | 63.82 | 56.41 | 230.99 | 75.44 | 68.96 | |||||||
| Life360 Quarterly Data | |||||||||||||||||||
| Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
| Cash, Cash Equivalents, Marketable Securities | 75.44 | 61.39 | 62.40 | 61.85 | 68.96 | ||||||||||||||
Life360 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.
Life360(OTCPK:LIFX) 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.
Life360 Cash, Cash Equivalents, Marketable Securities Related Terms
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Life360 (Life360) Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Technology » Software » Life360 Inc (OTCPK:LIFX) » Definitions » Cash, Cash Equivalents, Marketable Securities
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Traded in Other Exchanges
L36:Germany 360:Australia
Address
1900 South Norfolk Street, Suite 310, San Mateo, CA, USA, 94403
Website
Life360 is the world's largest family-focused social network, with over 50 million monthly active users. Security-conscious families use the Life360 app to track each other's whereabouts and to track the location of their pets and personal belongings. Life360 also offers a suite of additional security features, such as driver safety monitoring, roadside assistance, and emergency dispatching. In the U.S., the Life360 app regularly ranks in the top 10 most popular social-networking apps and in the top 25 across all apps in terms of daily active users.
Executives
| Susan L. Stick | officer: General Counsel | 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403 |
| Samir Kapoor | officer: Chief Technology Officer | C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403 |
| Lauren Antonoff | officer: Chief Operating Officer | C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403 |
| John Philip Coghlan | director | 120 KEARNY STREET, SAN FRANCISCO CA 94108 |
| Charles J. Prober | director, other: CEO of Tile, Inc. | C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119 |
| Randi Zuckerberg | director | 394 PACIFIC AVE., SUITE 2, SAN FRANCISCO CA 94111 |
| Chris Hulls | director, officer: Chief Executive Officer | C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403 |
| Carrie Cronkey | officer: Chief Marketing Officer | C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403 |
| Kirsten Daru | officer: Chief Privacy Officer, GC, Sec | C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107 |
| Mark Goines | director | C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403 |
| Alex Haro | director | C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107 |
| Brit Morin | director | C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107 |
| James Synge | director | C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107 |
| David Wiadrowski | director | C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107 |
| David William Rice | officer: Chief Operating Officer | C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107 |
Life360 (Life360) Headlines
From GuruFocus
Randi Zuckerberg Joins Life360's Board of Directors
By Business Wire Business Wire • 01-22-2021
Life360 Recognized by Financial Times as One of The Americas' Fastest Growing Companies in 2020
By Business Wire Business Wire • 04-10-2020
Life360 to Participate in Upcoming Investor Conference
By PRNewswire PRNewswire • 06-02-2023
Life360 reports Q2 2023 results
By PRNewswire • 08-15-2023
Life360 Launches Free Data Breach Alerts to Support Families this Back to School Season
By Business Wire Business Wire • 08-24-2021
Life360 to Participate in Upcoming Investor Conference
By PRNewswire • 11-21-2023
Life360 Attracts New Notable Family-Minded Investors and Advisors
By Business Wire Business Wire • 06-29-2021
Life360 Deepens Foothold in Family Safety Space with Proposed Acquisition of Jiobit
By Business Wire Business Wire • 04-26-2021
Life360 enhances family safety app with launch of new features and membership benefits in the UK
By PRNewswire • 10-31-2023
Former Care.com Marketing Leader Joins Life360 as Chief Marketing Officer
By Business Wire Business Wire • 09-28-2021
