Vita 34 AG (LTS:0NLV) Cash And Cash Equivalents : €10.42 Mil (As of Sep. 2023)

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What is Vita 34 AG Cash And Cash Equivalents?

Vita 34 AG's quarterly cash and cash equivalents increased from Mar. 2023 (€14.70 Mil) to Jun. 2023 (€15.75 Mil) but then stayed the same from Jun. 2023 (€15.75 Mil) to Sep. 2023 (€10.42 Mil).

Vita 34 AG's annual cash and cash equivalents increased from Dec. 2020 (€10.40 Mil) to Dec. 2021 (€33.30 Mil) but then declined from Dec. 2021 (€33.30 Mil) to Dec. 2022 (€16.29 Mil).

Vita 34 AG Cash And Cash Equivalents Historical Data

The historical data trend for Vita 34 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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Vita 34 AG Cash And Cash Equivalents Chart

Vita 34 AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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6.96

9.10

10.40

33.30

16.29

Vita 34 AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															19.80	16.29	14.70	15.75	10.42

Vita 34 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.

Vita 34 AG (LTS:0NLV) 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.

Vita 34 AG Cash And Cash Equivalents Related Terms

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Vita 34 AG (LTS:0NLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Vita 34 AG (LTS:0NLV) » Definitions » Cash And Cash Equivalents

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V3V:Germany

Address

Deutscher Platz 5a, Leipzig, DEU, D-04103

Website

https://www.vita34.de

Vita 34 AG is an umbilical cord blood bank. It supplies cryo-preservation and provides for the logistics to collect the blood, the preparation and the storage of stem cells from umbilical cord blood and tissue. The Group has two strategic areas that constitute the Group's reportable segments. Both segments are active in the field of stem cell banking, but differ in their organizational and operational structure with separate financial information. The products and services of the two segments correspond to the service portfolios of the two subgroups PBKM and Vita 34. It operates in Germany, Spain, and other international countries, of which maximum revenue is derived from the business operations in Germany.

Vita 34 AG (LTS:0NLV) Headlines

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