China Telecom (China Telecom) Cash And Cash Equivalents : $11,351 Mil (As of Dec. 2023)

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What is China Telecom Cash And Cash Equivalents?

China Telecom's quarterly cash and cash equivalents increased from Jun. 2023 ($11,687.38 Mil) to Sep. 2023 ($11,982.90 Mil) but then stayed the same from Sep. 2023 ($11,982.90 Mil) to Dec. 2023 ($11,350.66 Mil).

China Telecom's annual cash and cash equivalents declined from Dec. 2021 ($11,505.82 Mil) to Dec. 2022 ($10,394.17 Mil) but then increased from Dec. 2022 ($10,394.17 Mil) to Dec. 2023 ($11,350.66 Mil).

China Telecom Cash And Cash Equivalents Historical Data

The historical data trend for China Telecom's Cash And Cash Equivalents 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.

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China Telecom Cash And Cash Equivalents Chart

China Telecom Annual Data

Trend

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Dec23

Cash And Cash Equivalents

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2,964.34

3,621.79

11,505.82

10,394.17

11,350.66

China Telecom Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															10,394.17	11,687.38	11,982.90	11,350.66	-

China Telecom Cash And Cash Equivalents 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.

China Telecom (NYSE:CHA) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

China Telecom Cash And Cash Equivalents Related Terms

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China Telecom (China Telecom) Business Description

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00728:Hong Kong ZCH:Germany 601728:China

Address

31 Jinrong Street, Xicheng District, Beijing, CHN, 100033

Website

https://www.chinatelecom-h.com

China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces. It has 102 million fixed-line subscribers, 189 million broadband customers, and 406 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China, with a plan to have 560,000 cabinets by end 2023.