BecleB de CV (FRA:6BE) Cash And Cash Equivalents : €419 Mil (As of Mar. 2024)

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What is BecleB de CV Cash And Cash Equivalents?

BecleB de CV's quarterly cash and cash equivalents increased from Sep. 2023 (€216.46 Mil) to Dec. 2023 (€343.95 Mil) and increased from Dec. 2023 (€343.95 Mil) to Mar. 2024 (€419.43 Mil).

BecleB de CV's annual cash and cash equivalents declined from Dec. 2021 (€551.83 Mil) to Dec. 2022 (€218.90 Mil) but then increased from Dec. 2022 (€218.90 Mil) to Dec. 2023 (€343.95 Mil).

BecleB de CV Cash And Cash Equivalents Historical Data

The historical data trend for BecleB 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.

BecleB de CV Cash And Cash Equivalents Chart

BecleB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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459.46

315.97

551.83

218.90

343.95

BecleB 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															233.33	231.07	216.46	343.95	419.43

BecleB 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.

BecleB de CV (FRA:6BE) 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.

BecleB de CV Cash And Cash Equivalents Related Terms

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BecleB de CV (FRA:6BE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Becle SAB de CV (FRA:6BE) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

BCCLF:USA CUERVO:Mexico

Address

Guillermo Gonzalez Camarena No. 800-4, Col. Zedec Santa Fe, Santa Fe, MEX, 01210

Website

https://www.ircuervo.com

Becle SAB de CV is a Mexico-based company operating in the liquor industry. It operates as a spirit company engaged in producing, selling and distributing spirits and liquors. The product portfolio of the company comprises whiskey, rum, and tequila, among others. The company sells its products across Mexico and around the world. Its portfolio comprises different brands such as 1800, Bushmills, Boodles, Hangar, Maestro Tequilero, Kraken, and others.

BecleB de CV (FRA:6BE) Headlines

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