Choice Hotels International (FRA:CZH) Cash And Cash Equivalents : €39 Mil (As of Mar. 2024)

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What is Choice Hotels International Cash And Cash Equivalents?

Choice Hotels International's quarterly cash and cash equivalents declined from Sep. 2023 (€34.14 Mil) to Dec. 2023 (€24.53 Mil) but then increased from Dec. 2023 (€24.53 Mil) to Mar. 2024 (€38.74 Mil).

Choice Hotels International's annual cash and cash equivalents declined from Dec. 2021 (€452.77 Mil) to Dec. 2022 (€39.24 Mil) and declined from Dec. 2022 (€39.24 Mil) to Dec. 2023 (€24.53 Mil).

Choice Hotels International Cash And Cash Equivalents Historical Data

The historical data trend for Choice Hotels International'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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Choice Hotels International Cash And Cash Equivalents Chart

Choice Hotels International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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30.39

192.99

452.77

39.24

24.53

Choice Hotels International 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															29.59	33.38	34.14	24.53	38.74

Choice Hotels International 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.

Choice Hotels International (FRA:CZH) 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.

Choice Hotels International Cash And Cash Equivalents Related Terms

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Choice Hotels International (FRA:CZH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Choice Hotels International Inc (FRA:CZH) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CHH:USA

Address

1 Choice Hotels Circle, Suite 400, Rockville, MD, USA, 20850

Website

https://www.choicehotels.com

As of Dec. 31, 2022, Choice Hotels operated 628,000 rooms across 13 brands addressing the economy and midscale segments. Comfort Inn and Comfort Suites are the largest brands (27% of the company's total domestic rooms), while Ascend and Cambria (7% of total domestic rooms) are newer lifestyle and select-service brands. Choice added its 13th brand with the launch of extended-stay brand Everhome in January 2020. Choice closed on its Radisson acquisition in August 2022, which will add around 70,000 rooms. Franchises are 99% of total revenue, and the United States represents 79% of total rooms in 2022.

Choice Hotels International (FRA:CZH) Headlines

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