Bitauto Holdings (Bitauto Holdings) Cash And Cash Equivalents : $701 Mil (As of Jun. 2020)

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What is Bitauto Holdings Cash And Cash Equivalents?

Bitauto Holdings's quarterly cash and cash equivalents increased from Dec. 2019 ($607.46 Mil) to Mar. 2020 ($758.97 Mil) but then stayed the same from Mar. 2020 ($758.97 Mil) to Jun. 2020 ($700.95 Mil).

Bitauto Holdings's annual cash and cash equivalents declined from Dec. 2017 ($1,449.23 Mil) to Dec. 2018 ($664.88 Mil) and declined from Dec. 2018 ($664.88 Mil) to Dec. 2019 ($607.46 Mil).

Bitauto Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Bitauto Holdings'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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Bitauto Holdings Cash And Cash Equivalents Chart

Bitauto Holdings Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash And Cash Equivalents

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456.01

292.20

1,449.23

664.88

607.46

Bitauto Holdings Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Cash And Cash Equivalents	Get a 7-Day Free Trial															542.43	850.25	607.46	758.97	700.95

Bitauto Holdings 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.

Bitauto Holdings (NYSE:BITA) 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.

Bitauto Holdings Cash And Cash Equivalents Related Terms

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Bitauto Holdings (Bitauto Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bitauto Holdings Ltd (NYSE:BITA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 South Capital Stadium Road, New Century Hotel Office Tower, 10th Floor, Beijing, CHN, 100044

Website

http://www.bitauto.com

Bitauto Holdings Ltd is a provider of internet content and marketing services. It operates in three main segments: advertising and subscription business, transaction service business, and digital marketing solutions business. Its advertising business provides services to automakers through its websites and mobile apps. It provide transaction-focused online advertisements and promotional activities services to automakers, automobile dealers, auto finance partners, and insurance companies. Its digital marketing solutions business provides website creation and maintenance, online public relations, online marketing campaigns, advertising agent services, big data applications, and digital image creation. All the group's revenues are derived from the PRC.