Capital Hotel (NSA:CHP) Cash, Cash Equivalents, Marketable Securities : ₦2,427 Mil (As of Dec. 2019)

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What is Capital Hotel Cash, Cash Equivalents, Marketable Securities?

Capital Hotel's quarterly cash, cash equivalents, marketable securities increased from Dec. 2017 (₦3,409.91 Mil) to Dec. 2018 (₦3,742.77 Mil) but then stayed the same from Dec. 2018 (₦3,742.77 Mil) to Dec. 2019 (₦2,426.76 Mil).

Capital Hotel's annual cash, cash equivalents, marketable securities increased from Dec. 2017 (₦3,409.91 Mil) to Dec. 2018 (₦3,742.77 Mil) but then declined from Dec. 2018 (₦3,742.77 Mil) to Dec. 2019 (₦2,426.76 Mil).

Capital Hotel Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Capital Hotel'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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Capital Hotel Cash, Cash Equivalents, Marketable Securities Chart

Capital Hotel Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash, Cash Equivalents, Marketable Securities

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2,612.99

3,990.85

3,409.91

3,742.77

2,426.76

Capital Hotel Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			2,612.99	3,990.85	3,409.91	3,742.77	2,426.76

Capital Hotel 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.

Capital Hotel (NSA:CHP) 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.

Capital Hotel Cash, Cash Equivalents, Marketable Securities Related Terms

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Capital Hotel (NSA:CHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Capital Hotel PLC (NSA:CHP) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

No. 1 Ladi Kwali Street, Wuse Zone 4, Abuja, NGA

Website

http://www.capitalhotelsng.org

Capital Hotel PLC is engaged in hotel business which includes the furnishing of hotels and the sale of accommodation, food, and beverage in the ordinary course of business. Its segments are Rooms, Food, and beverages, and Other services. The company's only hotel, the Sheraton Abuja Hotel, operates and maintains restaurants, apartments for letting, recreational facilities, nightclubs, and a business center.

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