Schumag AG (FRA:SCM) Cash, Cash Equivalents, Marketable Securities : €2.07 Mil (As of Mar. 2023)

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What is Schumag AG Cash, Cash Equivalents, Marketable Securities?

Schumag AG's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 (€4.06 Mil) to Sep. 2022 (€2.63 Mil) but then stayed the same from Sep. 2022 (€2.63 Mil) to Mar. 2023 (€2.07 Mil).

Schumag AG's annual cash, cash equivalents, marketable securities increased from Sep. 2019 (€2.47 Mil) to Sep. 2020 (€3.38 Mil) but then declined from Sep. 2020 (€3.38 Mil) to Sep. 2021 (€1.74 Mil).

Schumag AG Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Schumag AG'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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Schumag AG Cash, Cash Equivalents, Marketable Securities Chart

Schumag AG Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Cash, Cash Equivalents, Marketable Securities

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4.93

2.69

2.47

3.38

1.74

Schumag AG Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															2.36	1.74	4.06	2.63	2.07

Schumag AG 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.

Schumag AG (FRA:SCM) 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.

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Schumag AG (FRA:SCM) Business Description

Industry

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Address

Nerscheider Weg 170, Aachen, DEU, D-52076

Website

http://www.schumag.de

Schumag AG is a Germany-based company engaged in the machinery and precision mechanics manufacture. It operates in one business segment being Precision Engineering, which produces automotive parts, components for precision measuring and indicating equipment, precision axles for a range of household's appliances, components for medical. It also produces optical equipment, standard precision parts for injection molding and pressure die-casting as well as precision parts in small lot sizes manufactured according to the customers' drawings. Its products include Control pistons, valve pistons, plungers, Plunger barrel combinations and High-pressure relief valves.