CGEAF (Cogeco Communications) Cash And Cash Equivalents : $95 Mil (As of Feb. 2025)

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What is Cogeco Communications Cash And Cash Equivalents?

Cogeco Communications's quarterly cash and cash equivalents increased from Aug. 2024 ($55.90 Mil) to Nov. 2024 ($65.53 Mil) and increased from Nov. 2024 ($65.53 Mil) to Feb. 2025 ($95.13 Mil).

Cogeco Communications's annual cash and cash equivalents declined from Aug. 2022 ($287.14 Mil) to Aug. 2023 ($269.27 Mil) and declined from Aug. 2023 ($269.27 Mil) to Aug. 2024 ($55.90 Mil).

Cogeco Communications Cash And Cash Equivalents Historical Data

The historical data trend for Cogeco Communications'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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Cogeco Communications Cash And Cash Equivalents Chart

Cogeco Communications Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Cash And Cash Equivalents

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277.04

435.79

287.14

269.27

55.90

Cogeco Communications Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Cash And Cash Equivalents	Get a 7-Day Free Trial															60.14	39.71	55.90	65.53	95.13

Cogeco Communications 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.

Cogeco Communications (OTCPK:CGEAF) 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.

Cogeco Communications Cash And Cash Equivalents Related Terms

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Cogeco Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cogeco Communications Inc (OTCPK:CGEAF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

COG:Germany CCA:Canada

Address

1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3

Website

https://www.cogeco.ca

Cogeco Communications is a telecom service provider in Canada and the US, specifically in rural and suburban geographies. It offers wireline services such as broadband internet, TV, and landline phone services. In Canada, the firm operates under its Cogeco Connexion and oxio brands, reaching roughly 2.1 million homes and businesses throughout Ontario and Quebec. In the US, Cogeco operates under its Breezeline brand throughout the East Coast, Pennsylvania, and Ohio, reaching 1.8 million homes and businesses. Cogeco is expanding its offerings to include consumer wireless services, operating as a mobile virtual network operator, or MVNO.