TP ICAP GROUP (TP ICAP GROUP) Cash And Cash Equivalents : $1,170 Mil (As of Dec. 2023)

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What is TP ICAP GROUP Cash And Cash Equivalents?

TP ICAP GROUP's quarterly cash and cash equivalents increased from Dec. 2022 ($954.93 Mil) to Jun. 2023 ($1,241.16 Mil) but then stayed the same from Jun. 2023 ($1,241.16 Mil) to Dec. 2023 ($1,169.62 Mil).

TP ICAP GROUP's annual cash and cash equivalents increased from Dec. 2021 ($940.16 Mil) to Dec. 2022 ($954.93 Mil) and increased from Dec. 2022 ($954.93 Mil) to Dec. 2023 ($1,169.62 Mil).

TP ICAP GROUP Cash And Cash Equivalents Historical Data

The historical data trend for TP ICAP GROUP'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.

TP ICAP GROUP Cash And Cash Equivalents Chart

TP ICAP GROUP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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885.98

868.28

940.16

954.93

1,169.62

TP ICAP GROUP 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															940.16	970.44	954.93	1,241.16	1,169.62

TP ICAP GROUP 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.

TP ICAP GROUP (OTCPK:TCAPF) 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.

TP ICAP GROUP Cash And Cash Equivalents Related Terms

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TP ICAP GROUP (TP ICAP GROUP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TP ICAP GROUP PLC (OTCPK:TCAPF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

TCAPl:UK TCAP:UK 8D7:Germany

Address

135 Bishopsgate, London, GBR, EC2M 3TP

Website

http://www.tpicap.com

TP ICAP GROUP PLC provides broking professional intermediary services to match buyers and sellers of different financial, energy and commodities products. Its role includes to create liquidity and price discovery in markets and provide insight and context to the clients. The company provides proprietary over the counter ('OTC') pricing information in the world with the data on financial, energy and commodities products. Its clients include banks, insurance companies, pension funds, asset managers, hedge funds, central banks, energy producers and refiners, risk and compliance managers and charities.

TP ICAP GROUP (TP ICAP GROUP) Headlines

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