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VS Media Holdings (VS Media Holdings) Cash And Cash Equivalents : $1.50 Mil (As of Dec. 2023)


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What is VS Media Holdings Cash And Cash Equivalents?

VS Media Holdings's quarterly cash and cash equivalents declined from Dec. 2022 ($0.82 Mil) to Jun. 2023 ($0.60 Mil) but then increased from Jun. 2023 ($0.60 Mil) to Dec. 2023 ($1.50 Mil).

VS Media Holdings's annual cash and cash equivalents increased from Dec. 2021 ($0.79 Mil) to Dec. 2022 ($0.82 Mil) and increased from Dec. 2022 ($0.82 Mil) to Dec. 2023 ($1.50 Mil).

VS Media Holdings Cash And Cash Equivalents Historical Data

The historical data trend for VS Media 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.

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VS Media Holdings Cash And Cash Equivalents Chart

VS Media Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
0.85 0.79 0.82 1.50

VS Media Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash And Cash Equivalents Get a 7-Day Free Trial 0.79 0.78 0.82 0.60 1.50

VS Media 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.

VS Media Holdings  (NAS:VSME) 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.

VS Media Holdings Cash And Cash Equivalents Related Terms

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VS Media Holdings (VS Media Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VS Media Holdings Ltd (NAS:VSME) » Definitions » Cash And Cash Equivalents
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ICLK TRKA SWAG CNFN INUV DLPN LDWY CNET ANTE MGOL XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
75 Hung To Road, 6th Floor, KOHO, Kwun Tong, Hong Kong, HKG
Website
https://www.vs-media.com
VS Media Holdings Ltd manages a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fanbases on social media platforms. The company's business provides value to two major business stakeholders: Creators and Brands. Its Value to Creators: It empowers and supports Creators by providing them with production facilities, training, and funding to produce quality content. Its Value to Brands: the company bridges the divide between Brands and Creators by helping Brands reach their target audience effectively by advising on content strategy and budget and recommending specific Creators.