BNN Technology (LSE:BNN) Cash And Cash Equivalents : £28.73 Mil (As of Jun. 2017)

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What is BNN Technology Cash And Cash Equivalents?

BNN Technology's quarterly cash and cash equivalents increased from Jun. 2016 (£7.07 Mil) to Dec. 2016 (£28.03 Mil) and increased from Dec. 2016 (£28.03 Mil) to Jun. 2017 (£28.73 Mil).

BNN Technology's annual cash and cash equivalents declined from Dec. 2014 (£10.83 Mil) to Dec. 2015 (£4.03 Mil) but then increased from Dec. 2015 (£4.03 Mil) to Dec. 2016 (£28.03 Mil).

BNN Technology Cash And Cash Equivalents Historical Data

The historical data trend for BNN Technology'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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BNN Technology Cash And Cash Equivalents Chart

BNN Technology Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash And Cash Equivalents

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10.11

5.31

10.83

4.03

28.03

BNN Technology Semi-Annual Data
	Dec11	Dec12	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
Cash And Cash Equivalents	Get a 7-Day Free Trial					5.10	4.03	7.07	28.03	28.73

BNN Technology 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.

BNN Technology (LSE:BNN) 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.

BNN Technology Cash And Cash Equivalents Related Terms

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BNN Technology (LSE:BNN) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » BNN Technology PLC (LSE:BNN) » Definitions » Cash And Cash Equivalents

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Address

Website

http://www.bnntechnology.com

BNN Technology PLC is a digital content and payment services company from China. The company provides software technology to its client for online payments and on mobile apps. It also engages in the development of digital content for both online and mobile. The organizational business is spread across over 10 provinces in China. BNN also has a joint venture with the Heilongjiang Provincial Sports Bureau (HSB) providing support services to all of HSB's commercial activities. The firm's digital business generates the majority of its revenues.

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