STS Group AG (FRA:SF3) Cash And Cash Equivalents : €39.3 Mil (As of Dec. 2023)

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What is STS Group AG Cash And Cash Equivalents?

STS Group AG's quarterly cash and cash equivalents increased from Dec. 2022 (€25.60 Mil) to Jun. 2023 (€31.20 Mil) and increased from Jun. 2023 (€31.20 Mil) to Dec. 2023 (€39.30 Mil).

STS Group AG's annual cash and cash equivalents declined from Dec. 2021 (€28.30 Mil) to Dec. 2022 (€25.60 Mil) but then increased from Dec. 2022 (€25.60 Mil) to Dec. 2023 (€39.30 Mil).

STS Group AG Cash And Cash Equivalents Historical Data

The historical data trend for STS Group AG'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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STS Group AG Cash And Cash Equivalents Chart

STS Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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17.20

20.00

28.30

25.60

39.30

STS Group AG Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial											28.30	30.50	25.60	31.20	39.30

STS Group AG 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.

STS Group AG (FRA:SF3) 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.

STS Group AG Cash And Cash Equivalents Related Terms

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STS Group AG (FRA:SF3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » STS Group AG (FRA:SF3) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SF3:Germany

Address

Kabeler Strasse 4, Hagen, NW, DEU, 58099

Website

https://www.sts.group

STS Group AG is engaged in the manufacturing of auto parts. The company's reportable segments are the Plastics segment which includes the manufacturing of hard trim applications for STS Group customers. Materials segment which involves the production of semi-finished goods, namely sheet molding compound mats, bulk molding compound, and a molding compound, and the China segment which is involved in the production of plastic parts, mainly for commercial vehicles, on the regional market in China. It generates a majority of its revenue from the plastics segment.

STS Group AG (FRA:SF3) Headlines

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