TeraGo (TSX:TGO) Cash And Cash Equivalents : C$4.38 Mil (As of Dec. 2023)

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What is TeraGo Cash And Cash Equivalents?

TeraGo's quarterly cash and cash equivalents declined from Jun. 2023 (C$4.84 Mil) to Sep. 2023 (C$2.91 Mil) but then increased from Sep. 2023 (C$2.91 Mil) to Dec. 2023 (C$4.38 Mil).

TeraGo's annual cash and cash equivalents increased from Dec. 2021 (C$5.48 Mil) to Dec. 2022 (C$6.22 Mil) but then declined from Dec. 2022 (C$6.22 Mil) to Dec. 2023 (C$4.38 Mil).

TeraGo Cash And Cash Equivalents Historical Data

The historical data trend for TeraGo'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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TeraGo Cash And Cash Equivalents Chart

TeraGo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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8.69

5.86

5.48

6.22

4.38

TeraGo Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															6.22	1.78	4.84	2.91	4.38

TeraGo 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.

TeraGo (TSX:TGO) 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.

TeraGo Cash And Cash Equivalents Related Terms

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TeraGo (TSX:TGO) Business Description

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TRAGF:USA

Address

55 Commerce Valley Drive West, Suite 800, Thornhill, ON, CAN, L3T 7V9

Website

https://www.terago.ca

TeraGo Inc provides wireless connectivity and private 5G wireless networking services to businesses operating across Canada. The company holds 2120 MHz of exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure and reliable enterprise grade networking and connectivity services. TeraGo serves over 1,800 Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999.

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