Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Telefonica Deutschland Holding AG's quarterly cash, cash equivalents, marketable securities
declined
from Dec. 2023 (€584.00 Mil) to Dec. 2024 (€402.00 Mil) but then
stayed the same
from Dec. 2024 (€402.00 Mil) to Dec. 2025 (€232.00 Mil).
Telefonica Deutschland Holding AG's annual cash, cash equivalents, marketable securities
declined
from Dec. 2023 (€584.00 Mil) to Dec. 2024 (€402.00 Mil) and
declined
from Dec. 2024 (€402.00 Mil) to Dec. 2025 (€232.00 Mil).
Telefonica Deutschland Holding AG (HAM:O2D) Cash, Cash Equivalents, Marketable Securities Explanation
Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.
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.
Telefonica Deutschland Holding AG Cash, Cash Equivalents, Marketable Securities Related Terms
Telefonica Deutschland Holding AG Cash, Cash Equivalents, Marketable Securities Historical Data
* 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.
Telefonica Deutschland Holding AG Cash, Cash Equivalents, Marketable Securities Chart
Telefonica Deutschland Holding AG Cash, Cash Equivalents, Marketable Securities 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.
Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.
What does a Cash, Cash Equivalents, Marketable Securities of €232 Mil mean?
Telefonica Deutschland Holding AG (HAM:O2D) has a Cash, Cash Equivalents, Marketable Securities of €232 Mil as of Dec. 2025. The total cash, cash equivalents and marketable securities a company has on hand. View historical data on Telefonica Deutschland Holding AG and its competitors.
Is Telefonica Deutschland Holding AG's Cash, Cash Equivalents, Marketable Securities too high?
Telefonica Deutschland Holding AG's current Cash, Cash Equivalents, Marketable Securities is €232 Mil. Overall, Telefonica Deutschland Holding AG has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telefonica Deutschland Holding AG's Cash, Cash Equivalents, Marketable Securities compare to VZ and TMUS?
Telefonica Deutschland Holding AG's Cash, Cash Equivalents, Marketable Securities of €232 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash, Cash Equivalents, Marketable Securities for a Telecommunication Services company?
A good Cash, Cash Equivalents, Marketable Securities depends on the Telecommunication Services industry context. However, Cash, Cash Equivalents, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash, Cash Equivalents, Marketable Securities mean?
A high Cash, Cash Equivalents, Marketable Securities can signal that a stock is expensive relative to its fundamentals. The total cash, cash equivalents and marketable securities a company has on hand. View historical data on Telefonica Deutschland Holding AG and its competitors. Telefonica Deutschland Holding AG's current Cash, Cash Equivalents, Marketable Securities is €232 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telefonica Deutschland Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Telefonica Deutschland Holding AG (HAM:O2D) is currently considered Fairly Valued. The stock's GF Value™ is €2.06, compared to a current price of €1.97 — trading 4.6% below its estimated fair value. The current Cash, Cash Equivalents, Marketable Securities is €232 Mil. Telefonica Deutschland Holding AG's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash, Cash Equivalents, Marketable Securities calculated?
Cash, Cash Equivalents, Marketable Securities is calculated from a company's financial statements. For Telefonica Deutschland Holding AG (HAM:O2D), the current Cash, Cash Equivalents, Marketable Securities is €232 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Telefonica Deutschland Holding AG (HAM:O2D) Overvalued in 2026?
Based on GuruFocus' analysis, Telefonica Deutschland Holding AG stock appears to be undervalued.
The current stock price of €1.97 is trading 4.6% below its estimated GF Value™ of €2.06.
GuruFocus considers Telefonica Deutschland Holding AG to be Fairly Valued.
Key valuation signals for HAM:O2D:
Cash, Cash Equivalents, Marketable Securities: €232 Mil
GF Value™: €2.06 vs. price of €1.97 (4.6% below fair value)
No single metric tells the full story. See the HAM:O2D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telefonica Deutschland Holding AG is the German subsidiary of Telefonica, which provides integrated network operations in Germany. The company offers mobile and fixed-network services for private and business customers as well as digital products and services. Its core brand is O2. It includes secondary brands and partners such as ALDI TALK, Tchibo MOBIL, AY YILDIZ, and others.
65GF Score
Get the complete analysis for HAM:O2D
Cash, Cash Equivalents, Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:O2D has been successfully added to your 
