Tucows (Tucows) Cash And Cash Equivalents : $92.7 Mil (As of Dec. 2023)

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What is Tucows Cash And Cash Equivalents?

Tucows's quarterly cash and cash equivalents declined from Jun. 2023 ($147.86 Mil) to Sep. 2023 ($110.74 Mil) but then stayed the same from Sep. 2023 ($110.74 Mil) to Dec. 2023 ($92.69 Mil).

Tucows's annual cash and cash equivalents increased from Dec. 2021 ($9.11 Mil) to Dec. 2022 ($23.50 Mil) and increased from Dec. 2022 ($23.50 Mil) to Dec. 2023 ($92.69 Mil).

Tucows Cash And Cash Equivalents Historical Data

The historical data trend for Tucows'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.

Tucows Cash And Cash Equivalents Chart

Tucows Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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20.39

8.31

9.11

23.50

92.69

Tucows 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															23.50	11.77	147.86	110.74	92.69

Tucows 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.

Tucows (NAS:TCX) 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.

Tucows Cash And Cash Equivalents Related Terms

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Tucows (Tucows) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tucows Inc (NAS:TCX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

TUQ1:Germany TUQ1:Germany TC:Canada

Address

96 Mowat Avenue, Toronto, ON, CAN, M6K 3M1

Website

https://www.tucows.com

Tucows Inc provides us consumers and small businesses with mobile phone services nationally and high-speed fixed Internet access in selected towns. The Company offers Mobile Service Enabler (MSE) solutions, as well as professional services to other retail mobile providers. The Company is also a global distributor of Internet services, including domain name registration, digital certificates, and email. It provides these services primarily through a global Internet-based distribution network of Internet Service Providers, web hosting companies, and other providers of Internet services to end-users. It operates in three segments: Domain Services, Mobile Services, and Fiber Internet Services. It generates the majority of its revenue from Domain Services.

Executives

Elliot Noss	director, officer: Chief Executive Officer
Robin Chase	director	96 MOWAT AVENUE, TORONTO A6 M6K3M1
Lee Matheson	director	96 MOWAT AVE, TORONTO A6 M6K 3M1
Gigi Sohn	director	96 MOWAT AVE, TORONTO A6 M6K 3M1
Blacksheep Fund Management Ltd	10 percent owner	ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
Michael Alan Koenig	officer: Chief Operating Officer	96 MOWAT AVE, TORONTO A6 M6K 3M1
Blacksheep Master Fund Ltd.	10 percent owner	C/O MOURANT GOVERNANCE SERVICES, PO BOX 1348, 94 SOLARIS AVE., GRAND CAYMAN E9 KY1-1108
Herdwick Capital Ltd	10 percent owner	C/O BLACKSHEEP FUND MANAGEMENT LIMITED, ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
Alexis Fortune	10 percent owner	C/O BLACKSHEEP FUND MANAGEMENT LIMITED, ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
David John Woroch	officer: VP Sales & Customer Support	96 MOWAT AVENUE, TORONTO A6 M6K 3M1
Marlene Carl	director	96 MOWAT AVENUE, TORONTO A6 M6K3M1
Bret Fausett	officer: Chief Legal Officer & VP	96 MOWAT AVENUE, TORONTO A6 M6K3M1
Jessica Sybil-lynne Johannson	officer: VP HR	612-11 BRONTE ROAD, OAKVILLE A6 L6L0E1
Justin Reilly	officer: CPO	96 MOWAT AVENUE, TORONTO A6 M6K3M1
Jill Szchumacher	officer: EVP Networks	96 MOWAT AVENUE, TORONTO A6 M6K3M1