Telecom Italia SpA (CHIX:TITRM) Cash And Cash Equivalents : €3,291 Mil (As of Sep. 2023)

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What is Telecom Italia SpA Cash And Cash Equivalents?

Telecom Italia SpA's quarterly cash and cash equivalents declined from Mar. 2023 (€2,660.00 Mil) to Jun. 2023 (€2,385.00 Mil) but then increased from Jun. 2023 (€2,385.00 Mil) to Sep. 2023 (€3,291.00 Mil).

Telecom Italia SpA's annual cash and cash equivalents increased from Dec. 2020 (€4,829.00 Mil) to Dec. 2021 (€6,904.00 Mil) but then declined from Dec. 2021 (€6,904.00 Mil) to Dec. 2022 (€3,555.00 Mil).

Telecom Italia SpA Cash And Cash Equivalents Historical Data

The historical data trend for Telecom Italia SpA'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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Telecom Italia SpA Cash And Cash Equivalents Chart

Telecom Italia SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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1,917.00

3,138.00

4,829.00

6,904.00

3,555.00

Telecom Italia SpA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															3,519.00	3,555.00	2,660.00	2,385.00	3,291.00

Telecom Italia SpA 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.

Telecom Italia SpA (CHIX:TITRm) 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.

Telecom Italia SpA Cash And Cash Equivalents Related Terms

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Telecom Italia SpA (CHIX:TITRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Italia SpA (CHIX:TITRm) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

TIAOF:USA TIAJF:USA TIAIY:USA TIIAY:USA TITR:Italy TIT:Italy TITm:UK 0H6I:UK 0GA3:UK TQI:Germany TIT:Austria

Address

Corso D'Italia, 41, Roma, ITA, 00198

Website

https://www.telecomitalia.com

Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% market share in the Italian mobile market and 45% market share in broadband. In the mobile market, it competes with Vodafone, Wind Tre and Iliad. In November 2023 TIM sold its fixed network to KKR for EUR 18.8 billion, and will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with its competitors Telefonica and America Movil.

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