NII Holdings (NII Holdings) Cash, Cash Equivalents, Marketable Securities : $29.3 Mil (As of Sep. 2019)

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What is NII Holdings Cash, Cash Equivalents, Marketable Securities?

NII Holdings's quarterly cash, cash equivalents, marketable securities declined from Mar. 2019 ($119.88 Mil) to Jun. 2019 ($65.15 Mil) but then stayed the same from Jun. 2019 ($65.15 Mil) to Sep. 2019 ($29.33 Mil).

NII Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2016 ($331.24 Mil) to Dec. 2017 ($210.60 Mil) and declined from Dec. 2017 ($210.60 Mil) to Dec. 2018 ($174.82 Mil).

NII Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for NII Holdings'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.

NII Holdings Cash, Cash Equivalents, Marketable Securities Chart

NII Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash, Cash Equivalents, Marketable Securities

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444.26

426.50

331.24

210.60

174.82

NII Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															201.12	174.82	119.88	65.15	29.33

NII Holdings 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.

NII Holdings (NAS:NIHD) 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.

NII Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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NII Holdings (NII Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » NII Holdings Inc (NAS:NIHD) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

12110 Sunset Hills Road, Suite 600, Reston, VA, USA, 20190

Website

http://www.nii.com

NII Holdings was incorporated in Virginia but conducts all of its business in Latin America. The firm provides a push-to-talk wireless service, using technology licensed from Motorola, in four countries. It has more than 9 million customers in total throughout Mexico, Brazil, Chile, and Argentina. The firm is rolling out 3G wireless services in all these regions over the next few years.

Executives

Robert A Schriesheim	director	3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
Steven M Shindler	director	10700 PARKRIDGE BLVD., RESTON VA 20191
James V Continenza	director	C/O ARCH WIRELESS INC, 1800 WEST PARK DR #250, WESTBOROUGH MA 01581
Christopher Thomas Rogers	director	2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Kevin L Beebe	director	ONE ALLIED DRIVE, LITTLE ROCK AR 72202
683 Capital Partners, Lp	other: Former 10% Owner	C/O 683 CAPITAL GP, LLC, 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
Ari Zweiman	other: Former 10% Owner	C/O 683 CAPITAL MANAGEMENT, 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
683 Capital Management, Llc	other: Former 10% Owner	1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
Gary Begeman	officer: EVP, General Counsel	10700 PARKRIDGE BLVD., SUSITE 600, RESTON VA 20191
Gokul V Hemmady	officer: Chief Operating Officer	P.O. BOX 1101, MS067, MINNEAPOLIS MN 55440-1101
Juan R Figuereo	officer: EVP, Chief Financial Officer	875 E. CAMINO REAL, APT. # 10-D, BOCA RATON FL 33432
Rosendo G Parra	director	C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Carolyn Katz	director	C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVENUE, BOSTON X1 02116
Charles M Herington	director	1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Paulino R Barros	director	1550 PEACHTREE STREET NW, ATLANTA GA 30309