King Digital Entertainment (King Digital Entertainment) Cash, Cash Equivalents, Marketable Securities : $1,107 Mil (As of Dec. 2015)

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What is King Digital Entertainment Cash, Cash Equivalents, Marketable Securities?

King Digital Entertainment's quarterly cash, cash equivalents, marketable securities increased from Jun. 2015 ($785.88 Mil) to Sep. 2015 ($920.30 Mil) and increased from Sep. 2015 ($920.30 Mil) to Dec. 2015 ($1,107.39 Mil).

King Digital Entertainment's annual cash, cash equivalents, marketable securities increased from Dec. 2013 ($408.70 Mil) to Dec. 2014 ($963.97 Mil) and increased from Dec. 2014 ($963.97 Mil) to Dec. 2015 ($1,107.39 Mil).

King Digital Entertainment Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for King Digital Entertainment's Cash, Cash Equivalents, Marketable Securities 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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King Digital Entertainment Cash, Cash Equivalents, Marketable Securities Chart

King Digital Entertainment Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Cash, Cash Equivalents, Marketable Securities

27.91

408.70

963.97

1,107.39

King Digital Entertainment Quarterly Data
	Dec11	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									963.97	661.34	785.88	920.30	1,107.39

King Digital Entertainment 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.

King Digital Entertainment (NYSE:KING) 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.

King Digital Entertainment Cash, Cash Equivalents, Marketable Securities Related Terms

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King Digital Entertainment (King Digital Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » King Digital Entertainment PLC (NYSE:KING) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Website

https://www.king.com

King Digital Entertainment PLC was originally incorporated as Midasplayer.com Limited in September 2002, a company organized under the laws of England and Wales. It is an interactive entertainment company for the mobile world. The Company provides engaging content to its audience to match mobile lifestyles: anywhere, anytime and on any device. Its games include Candy Crush Saga, Pet Rescue Saga, Farm Heroes Saga, Papa Pear Saga and Bubble Witch Saga. The Company makes its games available for free, while players can purchase virtual items priced relative to the entertainment value they provide. It embeds social features in the content that enhances the player experience. The Company develops and publishes casual games on royalgames.com, its tournament portal and on mobile and social platform. Casual games typically include a puzzle element. The Company's competitors include other game developers and emerging and potential game developers.

Executives

Apax Europe Vi-a Lp	10 percent owner	13-15 VICTORIA ROAD ST PETER PORT GUERNSEY X0 00000
Apax Europe Vi-1 Lp	10 percent owner	13-1 VICTORIA RD ST PETER PORT GY1 3ZD GUERNSEY CHANNEL ISLANDS X0 00000
Apax Europe Vi Gp Lp Inc.	10 percent owner	13-15 VICTORIA STREET ST PETER PORT GUERNSEY, CHANNEL ISLANDS X0 GY13ZD
Apax Europe Vi Gp Co. Ltd	10 percent owner	13-15 VICTORIA STREET ST PETER PORT GUERNSEY, CHANNEL ISLANDS X0 GY13ZD
Roy Mackenzie	director	601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022