gategroup Holding AG (gategroup Holding AG) Cash And Cash Equivalents : $175.15 Mil (As of Dec. 2019)

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What is gategroup Holding AG Cash And Cash Equivalents?

gategroup Holding AG's quarterly cash and cash equivalents increased from Dec. 2017 ($180.24 Mil) to Dec. 2018 ($182.88 Mil) but then stayed the same from Dec. 2018 ($182.88 Mil) to Dec. 2019 ($175.15 Mil).

gategroup Holding AG's annual cash and cash equivalents increased from Dec. 2017 ($180.24 Mil) to Dec. 2018 ($182.88 Mil) but then declined from Dec. 2018 ($182.88 Mil) to Dec. 2019 ($175.15 Mil).

gategroup Holding AG Cash And Cash Equivalents Historical Data

The historical data trend for gategroup Holding 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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gategroup Holding AG Cash And Cash Equivalents Chart

gategroup Holding AG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash And Cash Equivalents

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103.11

381.99

180.24

182.88

175.15

gategroup Holding AG Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Cash And Cash Equivalents	Get a 7-Day Free Trial							103.11	381.99	180.24	182.88	175.15

gategroup Holding 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.

gategroup Holding AG (OTCPK:GGRUY) 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.

gategroup Holding AG Cash And Cash Equivalents Related Terms

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gategroup Holding AG (gategroup Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » gategroup Holding AG (OTCPK:GGRUY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Sagereistrasse 20, Glattbrugg, CHE, CH-8152

Website

http://www.gategroup.com

gategroup Holding AG is engaged in the operation of airline catering and provision of related services in Switzerland. It provides airline catering, retail and technology services, onboard service equipment, and supply chain and logistics solutions. Its segments include EMEA, North America, Latin America and Asia Pacific regions.

gategroup Holding AG (gategroup Holding AG) Headlines

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