GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Candela Invest SA (XBRU:CAND) » Definitions » Cash And Cash Equivalents

Candela Invest (XBRU:CAND) Cash And Cash Equivalents : €0.00 Mil (As of Jun. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Candela Invest Cash And Cash Equivalents?

Candela Invest's quarterly cash and cash equivalents increased from Jun. 2022 (€0.00 Mil) to Dec. 2022 (€3.76 Mil) but then stayed the same from Dec. 2022 (€3.76 Mil) to Jun. 2023 (€0.00 Mil).

Candela Invest's annual cash and cash equivalents increased from Dec. 2020 (€0.46 Mil) to Dec. 2021 (€0.77 Mil) and increased from Dec. 2021 (€0.77 Mil) to Dec. 2022 (€3.76 Mil).


Candela Invest Cash And Cash Equivalents Historical Data

The historical data trend for Candela Invest'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.

* Premium members only.

Candela Invest Cash And Cash Equivalents Chart

Candela Invest Annual Data
Trend Jul10 Jul11 Jul12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only - - 0.46 0.77 3.76

Candela Invest Semi-Annual Data
Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.77 - 3.76 -

Candela Invest 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.


Candela Invest  (XBRU:CAND) 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.


Candela Invest Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Candela Invest's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.


Candela Invest (XBRU:CAND) Business Description

Traded in Other Exchanges
N/A
Address
The Crescent, Lenniksebaan 451 bus 32, Anderlecht, Bruxelles, BEL, 1070
Candela Invest SA is a sector fund company that focuses on the acquisition of industrial lighting sector and production of waterproof luminaires. Its main objective is the acquisition, active management and disposal of potential.

Candela Invest (XBRU:CAND) Headlines

No Headlines