Addus HomeCare (FRA:A41) Cash And Cash Equivalents : €59.4 Mil (As of Dec. 2023)

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What is Addus HomeCare Cash And Cash Equivalents?

Addus HomeCare's quarterly cash and cash equivalents declined from Jun. 2023 (€77.71 Mil) to Sep. 2023 (€74.73 Mil) but then stayed the same from Sep. 2023 (€74.73 Mil) to Dec. 2023 (€59.41 Mil).

Addus HomeCare's annual cash and cash equivalents declined from Dec. 2021 (€149.47 Mil) to Dec. 2022 (€75.48 Mil) and declined from Dec. 2022 (€75.48 Mil) to Dec. 2023 (€59.41 Mil).

Addus HomeCare Cash And Cash Equivalents Historical Data

The historical data trend for Addus HomeCare'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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Addus HomeCare Cash And Cash Equivalents Chart

Addus HomeCare Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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100.54

119.25

149.47

75.48

59.41

Addus HomeCare Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															75.48	68.69	77.71	74.73	59.41

Addus HomeCare 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.

Addus HomeCare (FRA:A41) 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.

Addus HomeCare Cash And Cash Equivalents Related Terms

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Addus HomeCare (FRA:A41) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Addus HomeCare Corp (FRA:A41) » Definitions » Cash And Cash Equivalents

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ADUS:USA

Address

6303 Cowboys Way, Suite 600, Frisco, TX, USA, 75034

Website

https://www.addus.com

Addus HomeCare Corp is engaged in the provision of in-home personal care services. It operates through the following segments: Personal care segment, which is a key revenue driver, provides non-medical assistance with activities of daily living, primarily to persons who are at risk of hospitalization or institutionalization, such as the elderly, chronically ill and disabled. The Hospice segment provides physical, emotional and spiritual care for people who are terminally ill and their families. Its Home health segment provides services that are primarily medical in nature to those individuals who may require assistance during an illness or after surgery.

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