Grupo Media Capital SGPS (XLIS:MCP) Cash And Cash Equivalents

: €1.1 Mil (As of Jun. 2023)

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Grupo Media Capital SGPS's quarterly cash and cash equivalents increased from Jun. 2022 (€1.04 Mil) to Dec. 2022 (€7.24 Mil) but then stayed the same from Dec. 2022 (€7.24 Mil) to Jun. 2023 (€1.14 Mil).

Grupo Media Capital SGPS's annual cash and cash equivalents declined from Dec. 2020 (€23.64 Mil) to Dec. 2021 (€2.82 Mil) but then increased from Dec. 2021 (€2.82 Mil) to Dec. 2022 (€7.24 Mil).

Grupo Media Capital SGPS Cash And Cash Equivalents Historical Data

The historical data trend for Grupo Media Capital SGPS'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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Grupo Media Capital SGPS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

0.38

2.97

23.64

2.82

7.24

Grupo Media Capital SGPS Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash And Cash Equivalents																1.30	2.82	1.04	7.24	1.14

Grupo Media Capital SGPS 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.

Grupo Media Capital SGPS (XLIS:MCP) 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.

Grupo Media Capital SGPS Cash And Cash Equivalents Related Terms

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Grupo Media Capital SGPS (XLIS:MCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Grupo Media Capital SGPS SA (XLIS:MCP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Mário Castelhano, No. 40, Queluz de Baixo, Barcarena, PRT, 2734-502

Website

http://www.mediacapital.pt

Grupo Media Capital SGPS SA is a Portugal-based company engaged in the media industry. Group through its subsidiaries is engaged in broadcasting and producing television programs, music publishing, distribution of movie rights, Internet advertising and creation of Websites. Business activity is functioned through Portugal, Spain, and Latin America. It operates through various segment which are Television, Audiovisual Production and Radio and it derives the majority of the revenue from Television sector.

Grupo Media Capital SGPS (XLIS:MCP) Headlines

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