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Grupo PosadasB de CV (Grupo PosadasB de CV) Cash And Cash Equivalents : $120.6 Mil (As of Mar. 2024)


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What is Grupo PosadasB de CV Cash And Cash Equivalents?

Grupo PosadasB de CV's quarterly cash and cash equivalents increased from Sep. 2023 ($94.46 Mil) to Dec. 2023 ($96.02 Mil) and increased from Dec. 2023 ($96.02 Mil) to Mar. 2024 ($120.58 Mil).

Grupo PosadasB de CV's annual cash and cash equivalents increased from Dec. 2021 ($86.54 Mil) to Dec. 2022 ($89.97 Mil) and increased from Dec. 2022 ($89.97 Mil) to Dec. 2023 ($96.02 Mil).

Grupo PosadasB de CV Cash And Cash Equivalents Historical Data

The historical data trend for Grupo PosadasB de CV'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.

Grupo PosadasB de CV Cash And Cash Equivalents Chart

Grupo PosadasB de CV 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 62.66 19.51 86.54 89.97 96.02

Grupo PosadasB de CV 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 93.31 86.65 94.46 96.02 120.58

Grupo PosadasB de CV 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.

Grupo PosadasB de CV  (OTCPK:GPSAF) 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.

Grupo PosadasB de CV Cash And Cash Equivalents Related Terms

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Grupo PosadasB de CV (Grupo PosadasB de CV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grupo Posadas SAB de CV (OTCPK:GPSAF) » Definitions » Cash And Cash Equivalents
Comparable Companies
HOTEL HCITY MAR HLT HTHT LSE:IHG H XPAR:AC LSE:WTB BOM:500850 WH CHH BKK:MINT SHSE:600754 SZSE:000069 ADX:ADNH SAU:4100 SHSE:600258 HKSE:00069 SGX:M04
Traded in Other Exchanges
POSADASA:Mexico
Address
Prolongacion Paseo de la Reforma 1015, Torre A, Piso 9, Col. Santa Fe Cuajimalpa, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05348
Website
http://www.posadas.com
Grupo Posadas SAB de CV is a Mexico-based company engaged in the hospitality industry. Its principal activities include construction, purchase, leasing, promotion, franchising, operation and management of hotels. The company's operating segment includes Hotel operation; Vacation Club; Hotel management, brand and other and Sale of non-strategic properties. It generates maximum revenue from the Hotel operation segment.