Telstra Group (Telstra Group) Cash, Cash Equivalents, Marketable Securities : $680 Mil (As of Dec. 2023)

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What is Telstra Group Cash, Cash Equivalents, Marketable Securities?

Telstra Group's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 ($703.10 Mil) to Jun. 2023 ($625.50 Mil) but then increased from Jun. 2023 ($625.50 Mil) to Dec. 2023 ($680.05 Mil).

Telstra Group's annual cash, cash equivalents, marketable securities declined from Jun. 2021 ($860.09 Mil) to Jun. 2022 ($730.85 Mil) and declined from Jun. 2022 ($730.85 Mil) to Jun. 2023 ($625.50 Mil).

Telstra Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Telstra Group'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.

Telstra Group Cash, Cash Equivalents, Marketable Securities Chart

Telstra Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

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419.44

344.38

860.09

730.85

625.50

Telstra Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,180.97	730.85	703.10	625.50	680.05

Telstra Group 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.

Telstra Group (OTCPK:TTRAF) 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.

Telstra Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Telstra Group (Telstra Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telstra Group Ltd (OTCPK:TTRAF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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TLGPY:USA 5KBA:Germany TLS:Australia

Address

242 Exhibition Street, Level 41, Melbourne, VIC, AUS, 3000

Website

https://www.telstra.com.au

Telstra is Australia's biggest telecommunications group, with material market shares in voice, mobile, data and internet, spanning retail, corporate and wholesale segments. Its fixed-line copper network will gradually be wound down as the government-owned National Broadband Network rolls out to all Australian households, but the group will be compensated accordingly. Investments into network applications and services, media, technology and overseas are being made to replace the expected lost fixed-line earnings longer term, while continuing cost-cuts are also critical.