EasTower Wireless (TSXV:ESTW.H) Cash And Cash Equivalents : C$0.11 Mil (As of Sep. 2022)

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What is EasTower Wireless Cash And Cash Equivalents?

EasTower Wireless's quarterly cash and cash equivalents declined from Jan. 2022 (C$0.44 Mil) to Jun. 2022 (C$0.39 Mil) but then stayed the same from Jun. 2022 (C$0.39 Mil) to Sep. 2022 (C$0.11 Mil).

EasTower Wireless's annual cash and cash equivalents increased from . 20 (C$0.00 Mil) to Dec. 2019 (C$0.06 Mil) but then declined from Dec. 2019 (C$0.06 Mil) to Dec. 2020 (C$0.03 Mil).

EasTower Wireless Cash And Cash Equivalents Historical Data

The historical data trend for EasTower Wireless'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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EasTower Wireless Cash And Cash Equivalents Chart

EasTower Wireless Annual Data

Trend

Dec19

Dec20

Cash And Cash Equivalents

0.06

0.03

EasTower Wireless Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Jan22	Jun22	Sep22
Cash And Cash Equivalents	Get a 7-Day Free Trial			-	0.13	0.44	0.39	0.11

EasTower Wireless 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.

EasTower Wireless (TSXV:ESTW.H) 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.

EasTower Wireless Cash And Cash Equivalents Related Terms

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EasTower Wireless (TSXV:ESTW.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » EasTower Wireless Inc (TSXV:ESTW.H) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

666 Burrard Street, Suite 2800, Vancouver, BC, CAN, V6C 2Z7

Website

https://eastowerwireless.com

EasTower Wireless Inc is a U.S. provider of wireless communications infrastructure and related services.. The firm specializes in the construction, installation, upgrading, and maintenance of wireless infrastructure systems, including 5G, 4G and small cell deployments as well as first responder or FirstNet initiatives. The company's diverse, top-tier customer base includes telecom providers, global original equipment manufacturers (OEMs), corporations and federal government agencies. The company is currently operating in the State of Florida and is focusing on potential expansions in the Southeastern Sunbelt states of the US.

EasTower Wireless (TSXV:ESTW.H) Headlines

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