Cebu Air (PHS:CEB) Cash And Cash Equivalents : ₱18,143 Mil (As of Sep. 2023)

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What is Cebu Air Cash And Cash Equivalents?

Cebu Air's quarterly cash and cash equivalents increased from Mar. 2023 (₱20,067.70 Mil) to Jun. 2023 (₱21,212.23 Mil) but then stayed the same from Jun. 2023 (₱21,212.23 Mil) to Sep. 2023 (₱18,142.53 Mil).

Cebu Air's annual cash and cash equivalents increased from Dec. 2020 (₱4,324.05 Mil) to Dec. 2021 (₱18,804.57 Mil) and increased from Dec. 2021 (₱18,804.57 Mil) to Dec. 2022 (₱19,175.47 Mil).

Cebu Air Cash And Cash Equivalents Historical Data

The historical data trend for Cebu Air'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.

* Premium members only.

Cebu Air Cash And Cash Equivalents Chart

Cebu Air Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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16,892.65

18,195.38

4,324.05

18,804.57

19,175.47

Cebu Air 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															23,785.74	19,175.47	20,067.70	21,212.23	18,142.53

Cebu Air 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.

Cebu Air (PHS:CEB) 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.

Cebu Air Cash And Cash Equivalents Related Terms

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Cebu Air (PHS:CEB) Business Description

Industry

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CEBCP.PFD:Philippines

Address

Sergio Osmena Boulevard, Level 4, Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor, Cebu, CEB, PHL, 6000

Website

https://www.cebupacificair.com

Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segment was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and Others, out of which the majority is from the Philippines.

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