Sunrise Communications Group AG (Sunrise Communications Group AG) Cash, Cash Equivalents, Marketable Securities : $242 Mil (As of Sep. 2020)

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What is Sunrise Communications Group AG Cash, Cash Equivalents, Marketable Securities?

Sunrise Communications Group AG's quarterly cash, cash equivalents, marketable securities declined from Mar. 2020 ($290.69 Mil) to Jun. 2020 ($244.90 Mil) but then stayed the same from Jun. 2020 ($244.90 Mil) to Sep. 2020 ($241.70 Mil).

Sunrise Communications Group AG's annual cash, cash equivalents, marketable securities increased from Dec. 2017 ($276.08 Mil) to Dec. 2018 ($424.36 Mil) but then declined from Dec. 2018 ($424.36 Mil) to Dec. 2019 ($204.16 Mil).

Sunrise Communications Group AG Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Sunrise Communications Group AG'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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Sunrise Communications Group AG Cash, Cash Equivalents, Marketable Securities Chart

Sunrise Communications Group AG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash, Cash Equivalents, Marketable Securities

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245.59

210.10

276.08

424.36

204.16

Sunrise Communications Group AG Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															317.74	204.16	290.69	244.90	241.70

Sunrise Communications Group AG 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.

Sunrise Communications Group AG (OTCPK:SNMMF) 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.

Sunrise Communications Group AG Cash, Cash Equivalents, Marketable Securities Related Terms

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Sunrise Communications Group AG (Sunrise Communications Group AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sunrise Communications Group AG (OTCPK:SNMMF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Thurgauerstrasse 101B, Glattpark (Opfikon), Zurich, CHE, 8152

Website

https://www.sunrise.ch

Sunrise Communications Group AG is a triple-play telecommunications company. It derives revenue from the provision of mobile, voice, broadband, and pay-TV services. The majority of revenue is derived from mobile. The company operates through three segments: Residential, Business, and Wholesale. Revenue within the Residential segment stems from providing telecommunications services to residential end customers. The Business segment offers the same services except the end customer are small to medium enterprises and large corporate clients. The Wholesale segment covers services that are marketed toward national and international telecom providers as well as mobile virtual network operators. The company is an owner of the telecommunications infrastructure and generates revenue in Switzerland.

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