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


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What is VS Media Holdings Cash, Cash Equivalents, Marketable Securities?

VS Media Holdings's quarterly cash, cash equivalents, marketable securities 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, cash equivalents, marketable securities 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, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for VS Media Holdings'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.

* Premium members only.

VS Media Holdings Cash, Cash Equivalents, Marketable Securities Chart

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

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

VS Media Holdings 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.

VS Media Holdings  (NAS:VSME) 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.

VS Media Holdings Cash, Cash Equivalents, Marketable Securities 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, Cash Equivalents, Marketable Securities
Comparable Companies
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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.