Cellnex Telecom (XMAD:CLNX) Cash And Cash Equivalents : €1,292 Mil (As of Dec. 2023)

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What is Cellnex Telecom Cash And Cash Equivalents?

Cellnex Telecom's quarterly cash and cash equivalents increased from Jun. 2023 (€243.15 Mil) to Sep. 2023 (€1,064.00 Mil) and increased from Sep. 2023 (€1,064.00 Mil) to Dec. 2023 (€1,292.44 Mil).

Cellnex Telecom's annual cash and cash equivalents declined from Dec. 2021 (€3,926.58 Mil) to Dec. 2022 (€1,038.18 Mil) but then increased from Dec. 2022 (€1,038.18 Mil) to Dec. 2023 (€1,292.44 Mil).

Cellnex Telecom Cash And Cash Equivalents Historical Data

The historical data trend for Cellnex Telecom'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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Cellnex Telecom Cash And Cash Equivalents Chart

Cellnex Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,351.56

4,652.03

3,926.58

1,038.18

1,292.44

Cellnex Telecom Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,038.18	781.00	243.15	1,064.00	1,292.44

Cellnex Telecom 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.

Cellnex Telecom (XMAD:CLNX) 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.

Cellnex Telecom Cash And Cash Equivalents Related Terms

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Cellnex Telecom (XMAD:CLNX) Business Description

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Address

Passeig Zona Franca, 105, Barcelona, ESP, 08038

Website

https://www.cellnextelecom.com

Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.

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