China VTV (China VTV) Cash And Cash Equivalents : $0.16 Mil (As of Aug. 2020)

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What is China VTV Cash And Cash Equivalents?

China VTV's quarterly cash and cash equivalents increased from Feb. 2020 ($0.05 Mil) to May. 2020 ($0.09 Mil) and increased from May. 2020 ($0.09 Mil) to Aug. 2020 ($0.16 Mil).

China VTV's annual cash and cash equivalents declined from Feb. 2018 ($0.05 Mil) to Feb. 2019 ($0.02 Mil) but then increased from Feb. 2019 ($0.02 Mil) to Feb. 2020 ($0.05 Mil).

China VTV Cash And Cash Equivalents Historical Data

The historical data trend for China VTV'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.

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China VTV Cash And Cash Equivalents Chart

China VTV Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Cash And Cash Equivalents

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0.01

0.05

0.02

0.05

China VTV Quarterly Data
	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.01	-	0.05	0.09	0.16

China VTV 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.

China VTV (OTCPK:CVTV) 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.

China VTV Cash And Cash Equivalents Related Terms

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China VTV (China VTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China VTV Ltd (OTCPK:CVTV) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG

Website

http://www.tbamm.com

China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.

Executives

Jack Chen

director, 10 percent owner, officer: See Remarks

ROOM 701, BUILDING 13, LANE 51 SHANGZHONG ROAD, XUHUI DISTRICT SHANGHAI F4 00000

China VTV (China VTV) Headlines

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