ProSiebenSat 1 Media SE (ProSiebenSat 1 Media SE) Cash And Cash Equivalents : $625 Mil (As of Dec. 2023)

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What is ProSiebenSat 1 Media SE Cash And Cash Equivalents?

ProSiebenSat 1 Media SE's quarterly cash and cash equivalents increased from Jun. 2023 ($364.03 Mil) to Sep. 2023 ($366.06 Mil) and increased from Sep. 2023 ($366.06 Mil) to Dec. 2023 ($624.86 Mil).

ProSiebenSat 1 Media SE's annual cash and cash equivalents declined from Dec. 2021 ($671.19 Mil) to Dec. 2022 ($533.90 Mil) but then increased from Dec. 2022 ($533.90 Mil) to Dec. 2023 ($624.86 Mil).

ProSiebenSat 1 Media SE Cash And Cash Equivalents Historical Data

The historical data trend for ProSiebenSat 1 Media SE'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.

* Premium members only.

ProSiebenSat 1 Media SE Cash And Cash Equivalents Chart

ProSiebenSat 1 Media SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,055.56

1,489.05

671.19

533.90

624.86

ProSiebenSat 1 Media SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															533.90	466.81	364.03	366.06	624.86

ProSiebenSat 1 Media SE 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.

ProSiebenSat 1 Media SE (OTCPK:PBSFY) 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.

ProSiebenSat 1 Media SE Cash And Cash Equivalents Related Terms

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ProSiebenSat 1 Media SE (ProSiebenSat 1 Media SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ProSiebenSat 1 Media SE (OTCPK:PBSFY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PBSFF:USA PSM:Italy 0QG9:UK PSM:Germany PSM:Austria

Address

Medienallee 7, Unterfohring, BY, DEU, 85774

Website

https://www.prosiebensat1.com

ProSiebenSat 1 Media SE is a German mass media and digital company that operates in three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment represents the core of the company's business with focus on the Seven.One Entertainment Group, which provides multi-platform digital media to audiences in Germany, Austria, and Switzerland. The Dating & video segment offers a range of online matchmaking services and other social entertainment. The Commerce & Ventures segment supports young companies by offering media-for-revenue or media-for-equity partnership through its TV reach. Viewership and sales from the Entertainment segment, particularly under the Seven. One brand, account for the vast majority of the company's revenue.

ProSiebenSat 1 Media SE (ProSiebenSat 1 Media SE) Headlines

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