Daily Mail and General Trust (LSE:DMGO) Cash And Cash Equivalents : £1,746.9 Mil (As of Sep. 2021)

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What is Daily Mail and General Trust Cash And Cash Equivalents?

Daily Mail and General Trust's quarterly cash and cash equivalents increased from Sep. 2020 (£500.30 Mil) to Mar. 2021 (£513.90 Mil) and increased from Mar. 2021 (£513.90 Mil) to Sep. 2021 (£1,746.90 Mil).

Daily Mail and General Trust's annual cash and cash equivalents increased from Sep. 2019 (£299.10 Mil) to Sep. 2020 (£500.30 Mil) and increased from Sep. 2020 (£500.30 Mil) to Sep. 2021 (£1,746.90 Mil).

Daily Mail and General Trust Cash And Cash Equivalents Historical Data

The historical data trend for Daily Mail and General Trust'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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Daily Mail and General Trust Cash And Cash Equivalents Chart

Daily Mail and General Trust Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Cash And Cash Equivalents

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14.60

437.80

299.10

500.30

1,746.90

Daily Mail and General Trust Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21
Cash And Cash Equivalents	Get a 7-Day Free Trial															299.10	489.20	500.30	513.90	1,746.90

Daily Mail and General Trust 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.

Daily Mail and General Trust (LSE:DMGO) 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.

Daily Mail and General Trust Cash And Cash Equivalents Related Terms

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Daily Mail and General Trust (LSE:DMGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Daily Mail and General Trust PLC (LSE:DMGO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

2 Derry Street, Northcliffe House, London, GBR, W8 5TT

Website

https://www.dmgt.com

Daily Mail and General Trust PLC Class A is a British international media company that publishes various newspapers and magazines and provides event organizers, as well as data and information services. Its flagship segment is British tabloid newspaper The Daily Mail, the largest newspaper brand in the United Kingdom. The company also operates other newspapers around Europe, as well as various websites. While the majority of revenue is derived from its publishing business, it also provides risk-management modeling and business research and data services to clients around the world.

Daily Mail and General Trust (LSE:DMGO) Headlines

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