GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Tele2 AB (OTCPK:TLTZY) » Definitions » Cash And Cash Equivalents
中文

Tele2 AB (Tele2 AB) Cash And Cash Equivalents : $421 Mil (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Tele2 AB Cash And Cash Equivalents?

Tele2 AB's quarterly cash and cash equivalents declined from Sep. 2023 ($345.07 Mil) to Dec. 2023 ($152.08 Mil) but then increased from Dec. 2023 ($152.08 Mil) to Mar. 2024 ($420.70 Mil).

Tele2 AB's annual cash and cash equivalents increased from Dec. 2021 ($92.08 Mil) to Dec. 2022 ($95.01 Mil) and increased from Dec. 2022 ($95.01 Mil) to Dec. 2023 ($152.08 Mil).

Tele2 AB Cash And Cash Equivalents Historical Data

The historical data trend for Tele2 AB'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.

Tele2 AB Cash And Cash Equivalents Chart

Tele2 AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.50 111.68 92.08 95.01 152.08

Tele2 AB 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.92 136.78 345.07 152.08 420.70

Tele2 AB 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.

Tele2 AB  (OTCPK:TLTZY) 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.

Tele2 AB Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Tele2 AB's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Tele2 AB (Tele2 AB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Tele2 AB (OTCPK:TLTZY) » Definitions » Cash And Cash Equivalents
Comparable Companies
OSTO:SINCH OSTO:TELIA OSTO:BAHN B OSTO:BRE2 OSTO:OVZON OSTO:TRANS OSTO:NETEL OSTO:TALK OSTO:TH1NG TMUS SHSE:600941 VZ CMCSA T XTER:DTE TSE:9432 NSE:BHARTIARTL TSE:9984 HKSE:00728 TSE:9433
Traded in Other Exchanges
TLTZF:USA TEL2 B:Sweden TEL2 A:Sweden TEL2Bs:UK 0QE6:UK NCYD:Germany
Address
Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 16494
Website
https://www.tele2.com
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.