MTU Aero Engines AG (MTU Aero Engines AG) Cash And Cash Equivalents : $963 Mil (As of Dec. 2023)

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What is MTU Aero Engines AG Cash And Cash Equivalents?

MTU Aero Engines AG's quarterly cash and cash equivalents declined from Dec. 2022 ($871.82 Mil) to Jun. 2023 ($835.32 Mil) but then increased from Jun. 2023 ($835.32 Mil) to Dec. 2023 ($962.92 Mil).

MTU Aero Engines AG's annual cash and cash equivalents increased from Dec. 2021 ($815.82 Mil) to Dec. 2022 ($871.82 Mil) and increased from Dec. 2022 ($871.82 Mil) to Dec. 2023 ($962.92 Mil).

MTU Aero Engines AG Cash And Cash Equivalents Historical Data

The historical data trend for MTU Aero Engines 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.

* Premium members only.

MTU Aero Engines AG Cash And Cash Equivalents Chart

MTU Aero Engines AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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154.44

940.39

815.82

871.82

962.92

MTU Aero Engines AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															815.82	774.84	871.82	835.32	962.92

MTU Aero Engines 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.

MTU Aero Engines AG (OTCPK:MTUAF) 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.

MTU Aero Engines AG Cash And Cash Equivalents Related Terms

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MTU Aero Engines AG (MTU Aero Engines AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MTU Aero Engines AG (OTCPK:MTUAF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MTUAY:USA 1MTX:Italy MTXd:UK 0FC9:UK MTX1:Germany MTX1:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Austria

Address

Dachauer Strasse 665, Munich, BY, DEU, 80995

Website

https://www.mtu.de

MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.

MTU Aero Engines AG (MTU Aero Engines AG) Headlines

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