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Altice USA Cash And Cash Equivalents

: $196 Mil (As of Mar. 2022)
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Altice USA's quarterly cash and cash equivalents declined from Sep. 2021 ($232.45 Mil) to Dec. 2021 ($195.71 Mil) but then stayed the same from Dec. 2021 ($195.71 Mil) to Mar. 2022 ($195.65 Mil).

Altice USA's annual cash and cash equivalents declined from Dec. 2019 ($701.90 Mil) to Dec. 2020 ($278.42 Mil) and declined from Dec. 2020 ($278.42 Mil) to Dec. 2021 ($195.71 Mil).


Altice USA Cash And Cash Equivalents Historical Data

The historical data trend for Altice USA'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.

Altice USA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash And Cash Equivalents
Premium Member Only 329.85 298.78 701.90 278.42 195.71

Altice USA Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Cash And Cash Equivalents Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 220.57 221.32 232.45 195.71 195.65

Altice USA 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.


Altice USA  (NYSE:ATUS) 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.


Altice USA Cash And Cash Equivalents Related Terms

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Altice USA Business Description

Altice USA logo
Industry
Traded in Other Exchanges
Address
1 Court Square West, Long Island City, New York, NY, USA, 11101
Altice Europe acquired privately held U.S. cable company Suddenlink in 2015 and Cablevision in 2016. Suddenlink's networks provided television, internet access, and phone services to roughly 3.5 million U.S. homes and businesses located primarily in smaller markets, with major clusters in Texas, West Virginia, Idaho, Arizona, and Louisiana. Cablevision provided comparable services to about 5.5 million homes and business in the New York City metro area. Altice Europe spun off Altice USA, which includes both the Suddenlink and Cablevision operations, to shareholders in 2018. Altice USA also owns News 12 Networks, which broadcasts local 24-hour news networks in New York, i24News, a news operation focused on the Middle East and Israel, and Cheddar, a news upstart.
Executives
Next Alt S.a.r.l. director, 10 percent owner 5, RUE EUGENE RUPPERT GRAND DUCHY OF LUXEMBOURG N4 L-2453
A4 S.a. director 5, RUE EUGENE RUPPERT GRAND DUCHY OF LUXEMBOURG N4 L-2453
Drahi Patrick director, 10 percent owner WIESTISTRASSE 14 ZERMATT V8 3920
Boubazine Abdelhakim officer: President & COO 1111 STEWART AVENUE BETHPAGE NY 11714
Schmidt Colleen officer: EVP Human Resources 1 COURT SQUARE W LONG ISLAND CITY NY 11101
Olsen Michael officer: EVP, Gen. Counsel & Secy 1 COURT SQUARE W LONG ISLAND CITY NY 11101
Taki Layth officer: Chief Accounting Officer 1 COURT SQUARE WEST LONG ISLAND CITY NY 11101
Grau Michael officer: Chief Financial Officer 1 COURT SQUARE W LONG ISLAND CITY NY 11101
Goei Dexter director, officer: Chief Executive Officer 1111 STEWART AVENUE BETHPAGE NY 11714
Stewart Charles director 1111 STEWART AVENUE BETHPAGE NY 11714
Bakker Gerrit Jan director 15 RUE PIERRE FATIO 6TH FLOOR GENEVA V8 1204
Mullen Mark director 1111 STEWART AVENUE BETHPAGE NY 11714
Okhuijsen Dennis director 1111 STEWART AVENUE BETHPAGE NY 11714
Connolly David other: Former EVP & General Counsel 1111 STEWART AVENUE BETHPAGE NY 11714
Cie Management Ix Ltd 10 percent owner HERITAGE HALL LE MARCHANT STREET ST. PETER PORT Y7 GY14HY

Altice USA Headlines

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