Advent Technologies Holdings (Advent Technologies Holdings) Cash, Cash Equivalents, Marketable Securities : $3.66 Mil (As of Sep. 2023)

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What is Advent Technologies Holdings Cash, Cash Equivalents, Marketable Securities?

Advent Technologies Holdings's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 ($19.55 Mil) to Jun. 2023 ($10.05 Mil) but then stayed the same from Jun. 2023 ($10.05 Mil) to Sep. 2023 ($3.66 Mil).

Advent Technologies Holdings's annual cash, cash equivalents, marketable securities increased from Dec. 2020 ($0.52 Mil) to Dec. 2021 ($79.76 Mil) but then declined from Dec. 2021 ($79.76 Mil) to Dec. 2022 ($32.87 Mil).

Advent Technologies Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Advent Technologies Holdings's Cash, Cash Equivalents, Marketable Securities 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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Advent Technologies Holdings Cash, Cash Equivalents, Marketable Securities Chart

Advent Technologies Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

0.52

79.76

32.87

Advent Technologies Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										42.45	32.87	19.55	10.05	3.66

Advent Technologies Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Advent Technologies Holdings (NAS:ADNWW) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Advent Technologies Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Advent Technologies Holdings (Advent Technologies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Advent Technologies Holdings Inc (NAS:ADNWW) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

ADN:USA

Address

500 Rutherford Avenue, Suite 102, Boston, MA, USA, 02129

Website

https://www.advent.energy

Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.