CeoTronics AG (FRA:CEK) Cash And Cash Equivalents : €1.64 Mil (As of Nov. 2023)

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What is CeoTronics AG Cash And Cash Equivalents?

CeoTronics AG's quarterly cash and cash equivalents increased from Nov. 2022 (€0.54 Mil) to May. 2023 (€1.44 Mil) and increased from May. 2023 (€1.44 Mil) to Nov. 2023 (€1.64 Mil).

CeoTronics AG's annual cash and cash equivalents increased from May. 2021 (€0.11 Mil) to May. 2022 (€0.19 Mil) and increased from May. 2022 (€0.19 Mil) to May. 2023 (€1.44 Mil).

CeoTronics AG Cash And Cash Equivalents Historical Data

The historical data trend for CeoTronics 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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CeoTronics AG Cash And Cash Equivalents Chart

CeoTronics AG Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Cash And Cash Equivalents

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0.27

0.30

0.11

0.19

1.44

CeoTronics AG Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.10	0.19	0.54	1.44	1.64

CeoTronics 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.

CeoTronics AG (FRA:CEK) 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.

CeoTronics AG Cash And Cash Equivalents Related Terms

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CeoTronics AG (FRA:CEK) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CEK:Germany

Address

Ceotronics AG, Adam-opel-strac E 6, Rödermark, DEU, 63322

Website

http://www.ceotronics.com

CeoTronics AG is a provider of short-range mobile digital wireless radio networks and communication headsets and systems for professional use.

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