TCTM Kids IT Education (TCTM Kids IT Education) Cash, Cash Equivalents, Marketable Securities : $39.4 Mil (As of Jun. 2023)

View and export this data going back to 2014. Start your Free Trial

What is TCTM Kids IT Education Cash, Cash Equivalents, Marketable Securities?

TCTM Kids IT Education's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 ($28.48 Mil) to Mar. 2023 ($52.94 Mil) but then stayed the same from Mar. 2023 ($52.94 Mil) to Jun. 2023 ($39.41 Mil).

TCTM Kids IT Education's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($67.52 Mil) to Dec. 2022 ($28.48 Mil) but then increased from Dec. 2022 ($28.48 Mil) to Dec. 2023 ($30.95 Mil).

TCTM Kids IT Education Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for TCTM Kids IT Education's Cash, Cash Equivalents, Marketable Securities 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.

TCTM Kids IT Education Cash, Cash Equivalents, Marketable Securities Chart

TCTM Kids IT Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

88.51

49.92

67.52

28.48

30.95

TCTM Kids IT Education Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															48.69	28.48	52.94	39.41	30.95

TCTM Kids IT Education Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

TCTM Kids IT Education (NAS:TCTM) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

TCTM Kids IT Education Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of TCTM Kids IT Education's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

TCTM Kids IT Education (TCTM Kids IT Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TCTM Kids IT Education Inc (NAS:TCTM) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

0T8B:Germany

Address

No. 1 Andingmenwai Street, 6th Floor, Litchi Tower, Chaoyang District, Beijing, CHN, 100011

Website

https://www.tedu.cn

Tarena International Inc is engaged in providing professional education services including professional information technology (IT) training courses and non-IT training courses. It offers K-12 education services in China. The company operates in two reportable segments namely IT Professional Education and IT-focused Supplementary STEAM Education Services. The majority of the revenue is generated from the IT-focused Supplementary STEAM Education Services segment. The service provides by the company includes featuring course content, examinations, student and teaching staff interaction tools, student management tools, and an online student community. For adult students, Their education platform combines live distance instruction, classroom-based tutoring, and online learning modules.