Telefonica (Telefonica) Cash, Cash Equivalents, Marketable Securities : $8,362 Mil (As of Dec. 2023)

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What is Telefonica Cash, Cash Equivalents, Marketable Securities?

Telefonica's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($9,256.77 Mil) to Sep. 2023 ($10,068.30 Mil) but then stayed the same from Sep. 2023 ($10,068.30 Mil) to Dec. 2023 ($8,362.05 Mil).

Telefonica's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($12,045.20 Mil) to Dec. 2022 ($9,044.49 Mil) and declined from Dec. 2022 ($9,044.49 Mil) to Dec. 2023 ($8,362.05 Mil).

Telefonica Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Telefonica'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.

Telefonica Cash, Cash Equivalents, Marketable Securities Chart

Telefonica Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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10,183.33

9,852.80

12,045.20

9,044.49

8,362.05

Telefonica Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															9,044.49	10,259.10	9,256.77	10,068.30	8,362.05

Telefonica 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.

Telefonica (NYSE:TEF) 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.

Telefonica Cash, Cash Equivalents, Marketable Securities Related Terms

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Telefonica (Telefonica) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telefonica SA (NYSE:TEF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

TEFOF:USA TEF:Peru TEF N:Mexico TEF:Italy 0A2Y:UK TEFe:UK 0TDE:UK TEF:Spain TNE5:Germany TNE5:Germany TNE2:Germany TNE5:Germany TNE5:Germany TNE2:Germany TLNC34:Brazil TEF:Austria

Address

Ronda de la Comunicacion, s/n, Central Building Auditorium, Floor 3, Telefonica District, Madrid, ESP, 28050

Website

https://www.telefonica.com

Telefonica operates mobile and fixed networks in Spain (where it is the incumbent telephone operator), the U.K., Germany, Brazil, and other Latin American countries like Colombia, Mexico, Argentina, and Chile, among others. The company derives more than 30% of its revenue from Spain, close to 20% from Germany and 20% from Brazil. Its U.K. operations are held through a joint venture with Virgin Media. For several years Telefonica has been simplifying its corporate structure by selling noncore assets.