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Sabio Holdings (TSXV:SBIO) Cash And Cash Equivalents : C$3.50 Mil (As of Dec. 2023)


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What is Sabio Holdings Cash And Cash Equivalents?

Sabio Holdings's quarterly cash and cash equivalents increased from Jun. 2023 (C$2.27 Mil) to Sep. 2023 (C$2.98 Mil) and increased from Sep. 2023 (C$2.98 Mil) to Dec. 2023 (C$3.50 Mil).

Sabio Holdings's annual cash and cash equivalents increased from Dec. 2021 (C$4.20 Mil) to Dec. 2022 (C$5.43 Mil) but then declined from Dec. 2022 (C$5.43 Mil) to Dec. 2023 (C$3.50 Mil).

Sabio Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Sabio Holdings'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.

Sabio Holdings Cash And Cash Equivalents Chart

Sabio Holdings Annual Data
Trend Dec21 Dec22 Dec23
Cash And Cash Equivalents
4.20 5.43 3.50

Sabio Holdings Quarterly Data
Sep20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.43 4.50 2.27 2.98 3.50

Sabio Holdings 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.

Sabio Holdings  (TSXV:SBIO) 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.

Sabio Holdings Cash And Cash Equivalents Related Terms

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Sabio Holdings (TSXV:SBIO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Sabio Holdings Inc (TSXV:SBIO) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
SABOF:USA
Address
181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Website
https://www.sabioholding.com
Sabio Holdings Inc provides CTV platform that is powered by mobile data, providing leading brands with the perfect balance between media, data and technology. It has identified one operating segment that is a technology provider in the high-growth advertising areas of connected TV ("CTV") and over-the-top ("OTT") streaming.
Executives
Jennifer Cabalquinto Director
Muizz Kheraj Director
Paula Annette Madison Director