Lenzing AG (WBO:LNZ) Cash And Cash Equivalents : €828 Mil (As of Mar. 2024)

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What is Lenzing AG Cash And Cash Equivalents?

Lenzing AG's quarterly cash and cash equivalents declined from Sep. 2023 (€747.70 Mil) to Dec. 2023 (€725.64 Mil) but then increased from Dec. 2023 (€725.64 Mil) to Mar. 2024 (€827.70 Mil).

Lenzing AG's annual cash and cash equivalents declined from Dec. 2021 (€1,113.28 Mil) to Dec. 2022 (€446.87 Mil) but then increased from Dec. 2022 (€446.87 Mil) to Dec. 2023 (€725.64 Mil).

Lenzing AG Cash And Cash Equivalents Historical Data

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

Lenzing AG Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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571.48

1,070.00

1,113.28

446.87

725.64

Lenzing AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															434.80	333.20	747.70	725.64	827.70

Lenzing 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.

Lenzing AG (WBO:LNZ) 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.

Lenzing AG Cash And Cash Equivalents Related Terms

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Lenzing AG (WBO:LNZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lenzing AG (WBO:LNZ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

LNZNF:USA 0NCV:UK LEN:Germany

Address

Werkstrasse 2, Lenzing, AUT, 4860

Website

https://www.lenzing.com

Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.

Executives

Georg Liftinger	Supervisory Board
Dr. Franz Gasselsberger	Supervisory Board
Dr. Christian Bruch	Supervisory Board
Stephan Sielaff	Board of Directors
Daniela Födinger	Supervisory Board
Patrick Prügger	Supervisory Board

Lenzing AG (WBO:LNZ) Headlines

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