MDC Partners (MDC Partners) Cash, Cash Equivalents, Marketable Securities : $113 Mil (As of Mar. 2021)

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What is MDC Partners Cash, Cash Equivalents, Marketable Securities?

MDC Partners's quarterly cash, cash equivalents, marketable securities increased from Sep. 2020 ($37.08 Mil) to Dec. 2020 ($60.76 Mil) and increased from Dec. 2020 ($60.76 Mil) to Mar. 2021 ($113.34 Mil).

MDC Partners's annual cash, cash equivalents, marketable securities increased from Dec. 2018 ($30.87 Mil) to Dec. 2019 ($106.93 Mil) but then declined from Dec. 2019 ($106.93 Mil) to Dec. 2020 ($60.76 Mil).

MDC Partners Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for MDC Partners'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.

* Premium members only.

MDC Partners Cash, Cash Equivalents, Marketable Securities Chart

MDC Partners Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash, Cash Equivalents, Marketable Securities

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27.92

46.18

30.87

106.93

60.76

MDC Partners Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															221.10	85.48	37.08	60.76	113.34

MDC Partners 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.

MDC Partners (NAS:MDCA) 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.

MDC Partners Cash, Cash Equivalents, Marketable Securities Related Terms

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MDC Partners (MDC Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MDC Partners Inc (NAS:MDCA) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

One World Trade Center, 65th Floor, New York, NY, USA, 10007

Website

https://www.mdc-partners.com

MDC Partners Inc is a marketing company. Its core activities involve direct marketing, mobile marketing, market research, data analytics, design and branding, social media communications, and e-commerce. The company operates in three segments: Integrated Networks, Media & Data Network, and All Other. The company derives the majority of its revenue from The Integrated Networks segment, which provides a range of services for their clients, primarily including strategy, creative and production for advertising campaigns across a variety of platforms (print, digital, social media, television broadcast) as well as public relations and communications services, experiential, social media and influencer marketing. Its geographical segments include United States, Canada, and others.

Executives

Jonathan B. Mirsky	officer: Former General Counsel	C/O MDC PARTNERS INC., 745 5TH AVENUE, 19TH FLOOR, NEW YORK NY 10151
Charlene Barshefsky	director
Asha Daniere	director	330 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Wade Oosterman	director	C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Desiree G Rogers	director	C/O PINNACLE ENTERTAINMENT, INC., 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Irwin D Simon	director	C/O THE HAIN CELESTIAL GROUP INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Frank P Lanuto	officer: EVP, Chief Financial Officer	HUDSON HIGHLAND GROUP, INC., 560 LEXINGTON AVENUE, NEW YORK NY 10022
Mark Jeffery Penn	director, 10 percent owner, officer: Chief Executive Officer	1808 I STREENET, NW, 6TH FLOOR, WASHINGTON DC 20006
Vincenzo Dimaggio	officer: SVP, Chief Accounting Officer	330 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Ross David Corwin	officer: See Remarks	250 WEST 94TH STREET, APT. 12G, NEW YORK NY 10025
Daniel Steven Goldberg	director	272 SOPER PLACE, OTTAWA A6 K1M 2J2
Seth Gardner	officer: Chief Operating Officer	CERBERUS CAPITAL MANAGEMENT, L.P., 299 PARK AVENUE, NEW YORK NY 10171
Mitchell Gendel	officer: Gen. Counsel & Corp. Secretary	EMERALD HOLDING, INC., 100 BROADWAY, 14TH FLOOR, NEW YORK NY 10005
Stagwell Group Llc	10 percent owner	1808 I STREET, NW, 6TH FLOOR, WASHINGTON DC 20006
Stagwell Agency Holdings Llc	10 percent owner	1808 I STREET, NW, 6TH FLOOR, WASHINGTON DC 20006