5G Networks (5G Networks) Cash And Cash Equivalents : $3.02 Mil (As of Jun. 2023)

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What is 5G Networks Cash And Cash Equivalents?

5G Networks's quarterly cash and cash equivalents increased from Dec. 2020 ($2.61 Mil) to Jun. 2022 ($3.77 Mil) but then stayed the same from Jun. 2022 ($3.77 Mil) to Jun. 2023 ($3.02 Mil).

5G Networks's annual cash and cash equivalents increased from Dec. 2020 ($2.61 Mil) to Jun. 2022 ($3.77 Mil) but then declined from Jun. 2022 ($3.77 Mil) to Jun. 2023 ($3.02 Mil).

5G Networks Cash And Cash Equivalents Historical Data

The historical data trend for 5G Networks'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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5G Networks Cash And Cash Equivalents Chart

5G Networks Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun22

Jun23

Cash And Cash Equivalents

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5.94

6.16

2.61

3.77

3.02

5G Networks Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Jun22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial															5.94	6.16	2.61	3.77	3.02

5G Networks 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.

5G Networks (OTCPK:MLBEF) 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.

5G Networks Cash And Cash Equivalents Related Terms

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5G Networks (5G Networks) Business Description

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5GN:Australia

Address

505 Little Collins Street, Level 7, Melbourne, VIC, AUS, 3000

Website

https://www.webcentral.com.au

Webcentral Ltd is an Australia-based digital services company engaged in providing domain management, website development and hosting, office and productivity applications, and online marketing. The company's segment includes Data Centres, Networks and Cloud Applications; Managed Services and Webcentral. It generates maximum revenue from the Webcentral segment, which provides Webcentral domains, email, web hosting and digital marketing business.