Telesat (TSX:TSAT) Cash And Cash Equivalents : C$1,669.1 Mil (As of Dec. 2023)

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What is Telesat Cash And Cash Equivalents?

Telesat's quarterly cash and cash equivalents increased from Jun. 2023 (C$1,517.00 Mil) to Sep. 2023 (C$1,775.04 Mil) but then stayed the same from Sep. 2023 (C$1,775.04 Mil) to Dec. 2023 (C$1,669.09 Mil).

Telesat's annual cash and cash equivalents increased from Dec. 2021 (C$1,449.59 Mil) to Dec. 2022 (C$1,677.79 Mil) but then declined from Dec. 2022 (C$1,677.79 Mil) to Dec. 2023 (C$1,669.09 Mil).

Telesat Cash And Cash Equivalents Historical Data

The historical data trend for Telesat'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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Telesat Cash And Cash Equivalents Chart

Telesat Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

818.38

1,449.59

1,677.79

1,669.09

Telesat Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial									1,677.79	1,709.58	1,517.00	1,775.04	1,669.09

Telesat 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.

Telesat (TSX:TSAT) 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.

Telesat Cash And Cash Equivalents Related Terms

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Telesat (TSX:TSAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telesat Corp (TSX:TSAT) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

TSAT:USA ZE2:Germany

Address

160 Elgin Street, Ottawa, ON, CAN, K2P 2P7

Website

https://www.telesat.com

Telesat Corp is a global satellite operator, providing its customers with mission-critical communications services. The company's segment includes Broadcast; Enterprise and Consulting and other. The Broadcast segment includes Direct-to-home television, video distribution and contribution, and occasional use services. The enterprise segment includes telecommunication carriers and integrators, government, consumer broadband, resource, maritime and aeronautical, retail and satellite operator services. Consulting and other segments include Consulting services related to space and earth segments, government studies, satellite control services, and research and development. Geographically, it derives a majority of its revenue from Canada.