Hannover House (Hannover House) Cash, Cash Equivalents, Marketable Securities : $0.48 Mil (As of Dec. 2020)

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What is Hannover House Cash, Cash Equivalents, Marketable Securities?

Hannover House's quarterly cash, cash equivalents, marketable securities increased from Dec. 2014 ($0.00 Mil) to Dec. 2015 ($0.45 Mil) and increased from Dec. 2015 ($0.45 Mil) to Dec. 2020 ($0.48 Mil).

Hannover House's annual cash, cash equivalents, marketable securities increased from Dec. 2014 ($0.00 Mil) to Dec. 2015 ($0.45 Mil) and increased from Dec. 2015 ($0.45 Mil) to Dec. 2020 ($0.48 Mil).

Hannover House Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Hannover House's Cash, Cash Equivalents, Marketable Securities 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, Cash Equivalents, Marketable Securities Chart

Hannover House Annual Data

Trend

Dec14

Dec15

Dec20

Cash, Cash Equivalents, Marketable Securities

0.45

0.48

Hannover House Semi-Annual Data
	Dec14	Dec15	Dec20
Cash, Cash Equivalents, Marketable Securities	-	0.45	0.48

Hannover House Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Hannover House (OTCPK:HHSE) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Hannover House Cash, Cash Equivalents, Marketable Securities 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, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

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