Kistos Holdings (LSE:KIST) Cash And Cash Equivalents : £167.5 Mil (As of Dec. 2023)

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What is Kistos Holdings Cash And Cash Equivalents?

Kistos Holdings's quarterly cash and cash equivalents increased from Dec. 2022 (£184.34 Mil) to Jun. 2023 (£212.22 Mil) but then stayed the same from Jun. 2023 (£212.22 Mil) to Dec. 2023 (£167.50 Mil).

Kistos Holdings's annual cash and cash equivalents increased from Dec. 2021 (£65.65 Mil) to Dec. 2022 (£184.34 Mil) but then declined from Dec. 2022 (£184.34 Mil) to Dec. 2023 (£167.50 Mil).

Kistos Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Kistos Holdings'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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Kistos Holdings Cash And Cash Equivalents Chart

Kistos Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

65.65

184.34

167.50

Kistos Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	127.42	184.34	212.22	167.50

Kistos Holdings 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.

Kistos Holdings (LSE:KIST) 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.

Kistos Holdings Cash And Cash Equivalents Related Terms

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Kistos Holdings (LSE:KIST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kistos Holdings PLC (LSE:KIST) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

KSTOF:USA LU0:Germany

Address

3 St James's Square, 2nd Floor, London, GBR, SW1Y 4JU

Website

https://www.kistosplc.com

Kistos Holdings PLC is a closed-ended investment company. The objective of the company is to create value for its investors through the acquisition and management of companies or businesses in the energy sector. Its segment includes Netherlands and UK. The company generates maximum revenue from the Netherlands segment. ? Netherlands segment comprising the production and sale of gas and other hydrocarbons from the Q10-A field, and the costs associated with exploration, appraisal and development of other Dutch licences.

Kistos Holdings (LSE:KIST) Headlines

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