Boat Rocker Media (TSX:BRMI) Cash And Cash Equivalents : C$98.2 Mil (As of Mar. 2024)

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What is Boat Rocker Media Cash And Cash Equivalents?

Boat Rocker Media's quarterly cash and cash equivalents declined from Sep. 2023 (C$85.54 Mil) to Dec. 2023 (C$72.54 Mil) but then increased from Dec. 2023 (C$72.54 Mil) to Mar. 2024 (C$98.22 Mil).

Boat Rocker Media's annual cash and cash equivalents declined from Dec. 2021 (C$96.95 Mil) to Dec. 2022 (C$85.79 Mil) and declined from Dec. 2022 (C$85.79 Mil) to Dec. 2023 (C$72.54 Mil).

Boat Rocker Media Cash And Cash Equivalents Historical Data

The historical data trend for Boat Rocker Media'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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Boat Rocker Media Cash And Cash Equivalents Chart

Boat Rocker Media Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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59.27

71.75

96.95

85.79

72.54

Boat Rocker Media Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	57.01	85.54	72.54	98.22

Boat Rocker Media 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.

Boat Rocker Media (TSX:BRMI) 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.

Boat Rocker Media Cash And Cash Equivalents Related Terms

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Boat Rocker Media (TSX:BRMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Boat Rocker Media Inc (TSX:BRMI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

9P6:Germany

Address

310 King Street East, Toronto, ON, CAN, M5A 1K6

Website

https://www.boatrocker.com

Boat Rocker Media Inc is the home for creative visionaries. An independent, integrated entertainment company, Boat Rocker's purpose is to tell stories and build iconic brands across all genres and mediums. With offices around the world, the company's creative and commercial capabilities include scripted, unscripted, kids and family television production, distribution, brand, and franchise management, a world-class animation studio, and talent management through Untitled Entertainment. Its segment includes Television, Kids and Family, Representation, and the majority of the revenue comes from Television.

Boat Rocker Media (TSX:BRMI) Headlines

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