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AxtelB de CV (AxtelB de CV) Cash And Cash Equivalents : $49 Mil (As of Mar. 2024)


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What is AxtelB de CV Cash And Cash Equivalents?

AxtelB de CV's quarterly cash and cash equivalents increased from Sep. 2023 ($34.15 Mil) to Dec. 2023 ($71.12 Mil) but then stayed the same from Dec. 2023 ($71.12 Mil) to Mar. 2024 ($49.43 Mil).

AxtelB de CV's annual cash and cash equivalents increased from Dec. 2021 ($78.66 Mil) to Dec. 2022 ($79.14 Mil) but then declined from Dec. 2022 ($79.14 Mil) to Dec. 2023 ($71.12 Mil).

AxtelB de CV Cash And Cash Equivalents Historical Data

The historical data trend for AxtelB de CV's Cash And Cash Equivalents 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.

AxtelB de CV Cash And Cash Equivalents Chart

AxtelB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.48 157.05 78.66 79.14 71.12

AxtelB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.31 34.88 34.15 71.12 49.43

AxtelB de CV Cash And Cash Equivalents 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.

AxtelB de CV  (OTCPK:AXTLF) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

AxtelB de CV Cash And Cash Equivalents Related Terms

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AxtelB de CV (AxtelB de CV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Axtel SAB de CV (OTCPK:AXTLF) » Definitions » Cash And Cash Equivalents
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TLEVISACPO SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984 CHTR TSE:9434 AMX B SAU:7010 ADX:EAND TSX:BCE XPAR:ORA XSWX:SCMN
Traded in Other Exchanges
AXTELCPO:Mexico
Address
Boulevard Diaz Ordaz Km. 3.33 L-1, Col. Unidad San Pedro, San Pedro Garza Garcia, NL, MEX, 66215
Website
http://www.axtelcorp.mx
Axtel SAB de CV is a Mexican based information and communication technology company. The company has two operating segments namely Business operating segment offers communication services such as information, data and Internet technologies, managed through the company's network and infrastructure for both multinational companies, as well as for international and national businesses. Its Government operating segment offers communication services such as information, data and Internet technologies, administered through the company's network and infrastructure, for the federal, state and municipal governments. The company generates maximum revenue from the Business segment. Geographically, it derives majority revenue from the Mexico region.