i-CABLE Communications (FRA:IB5A) Cash And Cash Equivalents : €3.40 Mil (As of Dec. 2023)

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What is i-CABLE Communications Cash And Cash Equivalents?

i-CABLE Communications's quarterly cash and cash equivalents increased from Dec. 2022 (€5.04 Mil) to Jun. 2023 (€8.07 Mil) but then stayed the same from Jun. 2023 (€8.07 Mil) to Dec. 2023 (€3.40 Mil).

i-CABLE Communications's annual cash and cash equivalents declined from Dec. 2021 (€7.96 Mil) to Dec. 2022 (€5.04 Mil) and declined from Dec. 2022 (€5.04 Mil) to Dec. 2023 (€3.40 Mil).

i-CABLE Communications Cash And Cash Equivalents Historical Data

The historical data trend for i-CABLE 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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i-CABLE Communications Cash And Cash Equivalents Chart

i-CABLE Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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27.90

16.69

7.96

5.04

3.40

i-CABLE Communications Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															7.96	7.55	5.04	8.07	3.40

i-CABLE 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.

i-CABLE Communications (FRA:IB5A) 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.

i-CABLE Communications Cash And Cash Equivalents Related Terms

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i-CABLE Communications (FRA:IB5A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » i-CABLE Communications Ltd (FRA:IB5A) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ICABF:USA ICABY:USA 01097:Hong Kong IB5A:Germany

Address

9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

http://www.i-cablecomm.com

i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

i-CABLE Communications (FRA:IB5A) Headlines

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