Zinc Media Group (FRA:YE42) Cash And Cash Equivalents : €6.73 Mil (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Zinc Media Group Cash And Cash Equivalents?

Zinc Media Group's quarterly cash and cash equivalents increased from Jun. 2022 (€3.02 Mil) to Dec. 2022 (€4.18 Mil) and increased from Dec. 2022 (€4.18 Mil) to Jun. 2023 (€6.73 Mil).

Zinc Media Group's annual cash and cash equivalents increased from Jun. 2019 (€3.60 Mil) to Dec. 2021 (€6.60 Mil) but then declined from Dec. 2021 (€6.60 Mil) to Dec. 2022 (€4.18 Mil).

Zinc Media Group Cash And Cash Equivalents Historical Data

The historical data trend for Zinc Media Group'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.

Zinc Media Group Cash And Cash Equivalents Chart

Zinc Media Group Annual Data

Trend

Mar11

Mar12

Mar13

Jun15

Jun16

Jun17

Jun18

Jun19

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

3.39

4.04

3.60

6.60

4.18

Zinc Media Group Semi-Annual Data
	Mar13	Sep13	Mar14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial															6.36	6.60	3.02	4.18	6.73

Zinc Media Group 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.

Zinc Media Group (FRA:YE42) 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.

Zinc Media Group Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Zinc Media Group's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Zinc Media Group (FRA:YE42) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zinc Media Group PLC (FRA:YE42) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ZIN.GB:UK ZIN:UK

Address

17 Dominion Street, 1st Floor, London, GBR, EC2M 2EF

Website

https://www.zincmedia.com

Zinc Media Group PLC is a multimedia producer of TV programming with publishing and communications content. The activities undertaken by the TV segment include the production of television content. The Content Production segment includes brand and corporate film production, radio and podcast production and publishing. The majority of its revenue is earned from TV production. The Group comprises twelve businesses that operate in two areas: television production (Tern TV, Brook Lapping, Red Sauce, Supercollider, Rex, Bumblebee and Atomic TV) and content production for brands and businesses (The Edge and the Zinc Communicate businesses in Brand Entertainment, Audio, Corporate Film and Publishing). Geographically, the majority is from the United Kingdom.

Zinc Media Group (FRA:YE42) Headlines

No Headlines