New Work SE (FRA:NWO) Cash, Cash Equivalents, Marketable Securities : €93.1 Mil (As of Dec. 2023)

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What is New Work SE Cash, Cash Equivalents, Marketable Securities?

New Work SE's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 (€84.84 Mil) to Sep. 2023 (€96.59 Mil) but then stayed the same from Sep. 2023 (€96.59 Mil) to Dec. 2023 (€93.08 Mil).

New Work SE's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (€90.14 Mil) to Dec. 2022 (€98.30 Mil) but then declined from Dec. 2022 (€98.30 Mil) to Dec. 2023 (€93.08 Mil).

New Work SE Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for New Work SE'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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New Work SE Cash, Cash Equivalents, Marketable Securities Chart

New Work SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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40.04

65.13

90.14

98.30

93.08

New Work SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															98.30	119.80	84.84	96.59	93.08

New Work SE 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.

New Work SE (FRA:NWO) 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.

New Work SE Cash, Cash Equivalents, Marketable Securities Related Terms

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New Work SE (FRA:NWO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » New Work SE (FRA:NWO) » Definitions » Cash, Cash Equivalents, Marketable Securities

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0OR4:UK NWO:Germany

Address

Am Strandkai 1, Hamburg, DEU, 20457

Website

https://www.new-work.se

New Work SE is a German technology company offering online business platforms for professionals to network and share ideas, and jobs opportunities, among others. The company organizes itself into three business segments: B2C, B2B e-recruiting and B2B marketing solutions. The B2C segment serves the members of social networking websites such as kunnu.com or xing.com to network with professionals and find suitable jobs, the B2B e-recruiting segment serves customers who want to access the talent pool, B2B marketing solutions & events cater to advertising and events clients, and the kunnu International segment includes business activities outside Germany, Austria and Switzerland. The B2B e-recruiting segments generate the majority of the company's revenue.

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