Wacker Chemie AG (XTER:WCH) Cash And Cash Equivalents : €1,014 Mil (As of Dec. 2023)

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What is Wacker Chemie AG Cash And Cash Equivalents?

Wacker Chemie AG's quarterly cash and cash equivalents declined from Dec. 2022 (€894.70 Mil) to Jun. 2023 (€811.50 Mil) but then increased from Jun. 2023 (€811.50 Mil) to Dec. 2023 (€1,013.70 Mil).

Wacker Chemie AG's annual cash and cash equivalents declined from Dec. 2021 (€926.60 Mil) to Dec. 2022 (€894.70 Mil) but then increased from Dec. 2022 (€894.70 Mil) to Dec. 2023 (€1,013.70 Mil).

Wacker Chemie AG Cash And Cash Equivalents Historical Data

The historical data trend for Wacker Chemie 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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Wacker Chemie AG Cash And Cash Equivalents Chart

Wacker Chemie AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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435.80

626.00

926.60

894.70

1,013.70

Wacker Chemie AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															926.60	858.90	894.70	811.50	1,013.70

Wacker Chemie 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.

Wacker Chemie AG (XTER:WCH) 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.

Wacker Chemie AG Cash And Cash Equivalents Related Terms

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Wacker Chemie AG (XTER:WCH) Business Description

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Traded in Other Exchanges

WKCMF:USA 1WCH:Italy WCHd:UK 0NR4:UK

Address

Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737

Website

https://www.wacker.com

Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

Wacker Chemie AG (XTER:WCH) Headlines

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