UTStarcom Holdings (MEX:UTSI) Cash, Cash Equivalents, Marketable Securities : MXN848.2 Mil (As of Dec. 2023)

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What is UTStarcom Holdings Cash, Cash Equivalents, Marketable Securities?

UTStarcom Holdings's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 (MXN1,062.86 Mil) to Jun. 2023 (MXN840.22 Mil) but then increased from Jun. 2023 (MXN840.22 Mil) to Dec. 2023 (MXN848.17 Mil).

UTStarcom Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (MXN1,103.59 Mil) to Dec. 2022 (MXN1,062.86 Mil) and declined from Dec. 2022 (MXN1,062.86 Mil) to Dec. 2023 (MXN848.17 Mil).

UTStarcom Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for UTStarcom Holdings'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.

UTStarcom Holdings Cash, Cash Equivalents, Marketable Securities Chart

UTStarcom Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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698.97

722.50

1,103.59

1,062.86

848.17

UTStarcom Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,103.59	1,058.95	1,062.86	840.22	848.17

UTStarcom Holdings 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.

UTStarcom Holdings (MEX:UTSI) 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.

UTStarcom Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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UTStarcom Holdings (MEX:UTSI) Business Description

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Traded in Other Exchanges

UTSI:USA

Address

368 Liuhe Road, 4th Floor, South Wing, Binjiang District, Hangzhou, CHN, 310052

Website

https://www.utstar.com

UTStarcom Holdings Corp operates as a telecom infrastructure provider. It develops technology for bandwidth from cloud-based services, mobile, streaming, and other applications. The range of solutions is designed to expand and modernize telecommunications networks through smooth network system integration, lower operating costs, and increased broadband access. The business activity of the firm is operated through the Equipment and Service segment. The Equipment segment is focused on equipment sales, including network infrastructure and application products, and the Service segment is engaged in providing services and support of equipment products and also the new operational support. The company operates in China, India, Japan, Taiwan, and other countries.