MGI - Media and Games Invest SE (MGI - Media and Games Invest SE) Cash, Cash Equivalents, Marketable Securities : $135.5 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is MGI - Media and Games Invest SE Cash, Cash Equivalents, Marketable Securities?

MGI - Media and Games Invest SE's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($117.81 Mil) to Dec. 2023 ($168.71 Mil) but then stayed the same from Dec. 2023 ($168.71 Mil) to Mar. 2024 ($135.52 Mil).

MGI - Media and Games Invest SE's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($204.63 Mil) to Dec. 2022 ($174.24 Mil) and declined from Dec. 2022 ($174.24 Mil) to Dec. 2023 ($168.71 Mil).

MGI - Media and Games Invest SE Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for MGI - Media and Games Invest SE'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.

MGI - Media and Games Invest SE Cash, Cash Equivalents, Marketable Securities Chart

MGI - Media and Games Invest SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

37.12

60.92

204.63

174.24

168.71

MGI - Media and Games Invest SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															139.20	116.57	117.81	168.71	135.52

MGI - Media and Games Invest SE 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.

MGI - Media and Games Invest SE (OTCPK:MGIMF) 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.

MGI - Media and Games Invest SE Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of MGI - Media and Games Invest SE's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

MGI - Media and Games Invest SE (MGI - Media and Games Invest SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MGI - Media and Games Invest SE (OTCPK:MGIMF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

M8G:Sweden M8G:Germany

Address

Stureplan 6, Stockholm, SWE, 114 35

Website

https://www.mgi-se.com

MGI - Media and Games Invest SE is an advertising software platform with first-party games content with a main operational presence in Europe and North America. It helps advertisers acquire customers through smartphones, computers, connected TV, or digital-out-of-home media (DOOH) as well as publishers to efficiently and optimally monetize their advertising space. The company's software platform uses first-party data from its own games to match global advertiser demand with publisher advertisement supply and also offers a one-stop shop for programmatic advertising, enabling companies to buy and sell ad space on all digital devices.