Staar Surgical Co (FRA:SR3) Cash And Cash Equivalents : €206.1 Mil (As of Mar. 2024)

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What is Staar Surgical Co Cash And Cash Equivalents?

Staar Surgical Co's quarterly cash and cash equivalents increased from Sep. 2023 (€119.40 Mil) to Dec. 2023 (€167.85 Mil) and increased from Dec. 2023 (€167.85 Mil) to Mar. 2024 (€206.10 Mil).

Staar Surgical Co's annual cash and cash equivalents declined from Dec. 2021 (€176.74 Mil) to Dec. 2022 (€81.64 Mil) but then increased from Dec. 2022 (€81.64 Mil) to Dec. 2023 (€167.85 Mil).

Staar Surgical Co Cash And Cash Equivalents Historical Data

The historical data trend for Staar Surgical Co'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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Staar Surgical Co Cash And Cash Equivalents Chart

Staar Surgical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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107.97

125.32

176.74

81.64

167.85

Staar Surgical Co 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															84.03	87.40	119.40	167.85	206.10

Staar Surgical Co 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.

Staar Surgical Co (FRA:SR3) 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.

Staar Surgical Co Cash And Cash Equivalents Related Terms

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Staar Surgical Co (FRA:SR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Staar Surgical Co (FRA:SR3) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

STAA:USA SR3:Germany

Address

25651 Atlantic Ocean Drive, Lake Forest, CA, USA, 92630

Website

https://www.staar.com

Staar Surgical Co is a manufacturer of lenses. It designs, develops, manufactures, and sells implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. The company also make lenses which are used in surgery that treats cataracts. The company offers products are ICLs used in refractive surgery and IOLs used in cataract surgery. The company generated sales are from the ophthalmic surgical product segment.

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