Hannover House (Hannover House) Cash And Cash Equivalents : $0.01 Mil (As of Dec. 2020)

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What is Hannover House Cash And Cash Equivalents?

Hannover House's quarterly cash and cash equivalents increased from Dec. 2014 ($0.00 Mil) to Dec. 2015 ($0.03 Mil) but then stayed the same from Dec. 2015 ($0.03 Mil) to Dec. 2020 ($0.01 Mil).

Hannover House's annual cash and cash equivalents increased from Dec. 2014 ($0.00 Mil) to Dec. 2015 ($0.03 Mil) but then declined from Dec. 2015 ($0.03 Mil) to Dec. 2020 ($0.01 Mil).

Hannover House Cash And Cash Equivalents Historical Data

The historical data trend for Hannover House'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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Hannover House Cash And Cash Equivalents Chart

Hannover House Annual Data

Trend

Dec14

Dec15

Dec20

Cash And Cash Equivalents

0.03

0.01

Hannover House Semi-Annual Data
	Dec14	Dec15	Dec20
Cash And Cash Equivalents	-	0.03	0.01

Hannover House 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.

Hannover House (OTCPK:HHSE) 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.

Hannover House Cash And Cash Equivalents Related Terms

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Hannover House (Hannover House) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hannover House Inc (OTCPK:HHSE) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

1621 Central Avenue, Cheyenne, WY, USA, 82001

Website

https://www.hannoverhouse.com

Hannover House Inc is a service media company, specializing in the production and distribution of feature films for theaters, home videos, and video-on-demand formats for the North American retail marketplace. It is mainly focused on the literary and book-publishing industries. It is particularly noted for its successes in placing DVD titles within mass merchandisers and keychain stores. Retailers carrying Hannover products include independently owned and operated retail video stores, and mass merchants and retailers.

Executives