Sun International (Sun International) Cash And Cash Equivalents : $20.56 Mil (As of Dec. 2023)

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What is Sun International Cash And Cash Equivalents?

Sun International's quarterly cash and cash equivalents declined from Dec. 2022 ($31.60 Mil) to Jun. 2023 ($20.27 Mil) but then increased from Jun. 2023 ($20.27 Mil) to Dec. 2023 ($20.56 Mil).

Sun International's annual cash and cash equivalents increased from Dec. 2021 ($23.53 Mil) to Dec. 2022 ($31.60 Mil) but then declined from Dec. 2022 ($31.60 Mil) to Dec. 2023 ($20.56 Mil).

Sun International Cash And Cash Equivalents Historical Data

The historical data trend for Sun International'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.

Sun International Cash And Cash Equivalents Chart

Sun International Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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53.81

36.15

23.53

31.60

20.56

Sun International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															23.53	23.97	31.60	20.27	20.56

Sun International 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.

Sun International (OTCPK:SVUVY) 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.

Sun International Cash And Cash Equivalents Related Terms

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Sun International (Sun International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sun International Ltd (OTCPK:SVUVY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SUI:South Africa RY1B:Germany

Address

6 Sandown Valley Crescent, Sandton, PO Box 782121, Gauteng, Johannesburg, ZAF, 2196

Website

https://www.suninternational.com

Sun International Ltd is a resorts and casinos company. The business operates or has an interest in numerous resorts, luxury hotels, and casinos. Sun International has numerous business segments as it breaks out its revenue by resort. These segments include, but are not limited to, GrandWest, Sun City, Sibaya, Carnival City, Boardwalk, Wild Coast, Monticello, Meropa, Flamingo, and Golden Valley. The company has global operations with resorts primarily in Africa, and it earns the vast majority of its revenue in South Africa.

Sun International (Sun International) Headlines

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