Nation Media Group (NAI:NMG) Cash, Cash Equivalents, Marketable Securities : KES3,102 Mil (As of Dec. 2023)

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What is Nation Media Group Cash, Cash Equivalents, Marketable Securities?

Nation Media Group's quarterly cash, cash equivalents, marketable securities declined from Dec. 2021 (KES3,958.60 Mil) to Dec. 2022 (KES3,755.60 Mil) but then stayed the same from Dec. 2022 (KES3,755.60 Mil) to Dec. 2023 (KES3,102.00 Mil).

Nation Media Group's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (KES3,958.60 Mil) to Dec. 2022 (KES3,755.60 Mil) and declined from Dec. 2022 (KES3,755.60 Mil) to Dec. 2023 (KES3,102.00 Mil).

Nation Media Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Nation Media Group'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.

Nation Media Group Cash, Cash Equivalents, Marketable Securities Chart

Nation Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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2,559.00

2,874.20

3,958.60

3,755.60

3,102.00

Nation Media Group Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial											2,559.00	2,874.20	3,958.60	3,755.60	3,102.00

Nation Media Group 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.

Nation Media Group (NAI:NMG) 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.

Nation Media Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Nation Media Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nation Media Group PLC (NAI:NMG) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

Kimathi Street, P. O Box 49010, Nation Centre, Nairobi, KEN, 00100

Website

https://www.nationmedia.com

Nation Media Group PLC is a media house in East and Central Africa. Its principal activities of the group are the publication, printing, and distribution of newspapers and magazines, radio and television broadcasting, and digital online products. It has businesses in television networks, film, and TV entertainment and delivers content on a multi-platform basis. Its operating segments are Newspapers & Digital and broadcasting. It generated the majority of its revenue from Newspapers & Digital segments that are engaged in the sale of newspapers, advertisements published in the newspapers, advertisements in the digital platforms, and subscriptions of e-paper.