Digital360 SpA (MIL:DIG) Cash And Cash Equivalents : €13.74 Mil (As of Jun. 2023)

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What is Digital360 SpA Cash And Cash Equivalents?

Digital360 SpA's quarterly cash and cash equivalents increased from Dec. 2021 (€12.70 Mil) to Jun. 2022 (€25.72 Mil) but then stayed the same from Jun. 2022 (€25.72 Mil) to Jun. 2023 (€13.74 Mil).

Digital360 SpA's annual cash and cash equivalents increased from Dec. 2020 (€6.33 Mil) to Dec. 2021 (€12.70 Mil) and increased from Dec. 2021 (€12.70 Mil) to Dec. 2022 (€13.63 Mil).

Digital360 SpA Cash And Cash Equivalents Historical Data

The historical data trend for Digital360 SpA'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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Digital360 SpA Cash And Cash Equivalents Chart

Digital360 SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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1.90

2.00

6.33

12.70

13.63

Digital360 SpA Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial									6.33	9.40	12.70	25.72	13.74

Digital360 SpA 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.

Digital360 SpA (MIL:DIG) 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.

Digital360 SpA Cash And Cash Equivalents Related Terms

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Digital360 SpA (MIL:DIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Digital360 SpA (MIL:DIG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Copernico 38, Milan, ITA, 20125

Website

http://www.digital360.it

Digital360 SpA is a multi-channel platform providing editorial content, Communications and Marketing Services, lead generation, Events and Webinars and Advisory, advocacy and coaching services to companies, public authorities and technology suppliers.

Digital360 SpA (MIL:DIG) Headlines

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