De'Longhi SPA (De'Longhi SPA) Cash And Cash Equivalents : $971 Mil (As of Mar. 2024)

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What is De'Longhi SPA Cash And Cash Equivalents?

De'Longhi SPA's quarterly cash and cash equivalents increased from Sep. 2023 ($275.13 Mil) to Dec. 2023 ($1,363.35 Mil) but then stayed the same from Dec. 2023 ($1,363.35 Mil) to Mar. 2024 ($971.09 Mil).

De'Longhi SPA's annual cash and cash equivalents declined from Dec. 2021 ($1,159.41 Mil) to Dec. 2022 ($815.94 Mil) but then increased from Dec. 2022 ($815.94 Mil) to Dec. 2023 ($1,363.35 Mil).

De'Longhi SPA Cash And Cash Equivalents Historical Data

The historical data trend for De'Longhi SPA'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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De'Longhi SPA Cash And Cash Equivalents Chart

De'Longhi SPA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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812.77

806.51

1,159.41

815.94

1,363.35

De'Longhi SPA 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															907.39	912.92	275.13	1,363.35	971.09

De'Longhi SPA 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.

De'Longhi SPA (OTCPK:DELHF) 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.

De'Longhi SPA Cash And Cash Equivalents Related Terms

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De'Longhi SPA (De'Longhi SPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » De'Longhi SPA (OTCPK:DELHF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

DLG:Italy 0E5M:UK DLN:Germany

Address

Via Lodovico Seitz, 47, Treviso, ITA, 31100

Website

https://www.delonghi.com

De'Longhi SPA is an Italy-based company that is principally engaged in designing, producing, and selling small domestic appliances. The company's products consist of coffeemakers, cooking and food products, ironing products, floor-care products, air conditioners and air treatment products, heating products, and others. The company generates the majority of its revenue from coffeemakers and cooking and food preparation products. It offers products under four brands: De'Longhi, Kenwood, Nutribullet, Magic Bullet,Braun, and Ariete. Products under the De'Longhi brand contribute over half of total revenue. The company has a business presence across the world, including Europe, America, Australia and New Zealand, Asia, and elsewhere, with Europe its largest market.