Groupe Okwind (XPAR:ALOKW) Cash, Cash Equivalents, Marketable Securities : €18.64 Mil (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Groupe Okwind Cash, Cash Equivalents, Marketable Securities?

Groupe Okwind's quarterly cash, cash equivalents, marketable securities increased from Jun. 2022 (€0.00 Mil) to Dec. 2022 (€21.85 Mil) but then stayed the same from Dec. 2022 (€21.85 Mil) to Jun. 2023 (€18.64 Mil).

Groupe Okwind's annual cash, cash equivalents, marketable securities declined from Dec. 2020 (€4.69 Mil) to Dec. 2021 (€2.73 Mil) but then increased from Dec. 2021 (€2.73 Mil) to Dec. 2022 (€21.85 Mil).

Groupe Okwind Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Groupe Okwind'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.

* Premium members only.

Groupe Okwind Cash, Cash Equivalents, Marketable Securities Chart

Groupe Okwind Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

2.24

4.69

2.73

21.85

Groupe Okwind Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Cash, Cash Equivalents, Marketable Securities	4.69	2.73	-	21.85	18.64

Groupe Okwind 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.

Groupe Okwind (XPAR:ALOKW) 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.

Groupe Okwind Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Groupe Okwind's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Groupe Okwind (XPAR:ALOKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Groupe Okwind SA (XPAR:ALOKW) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Parc d’activités Torcé Ouest ZA du Haut Montigné, Torce, FRA

Website

https://www.okwind.fr

Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

Groupe Okwind (XPAR:ALOKW) Headlines

No Headlines