Neochim AD (XBUL:NEOH) Cash And Cash Equivalents : лв53.8 Mil (As of Sep. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Neochim AD Cash And Cash Equivalents?

Neochim AD's quarterly cash and cash equivalents declined from Mar. 2023 (лв98.19 Mil) to Jun. 2023 (лв55.07 Mil) but then stayed the same from Jun. 2023 (лв55.07 Mil) to Sep. 2023 (лв53.80 Mil).

Neochim AD's annual cash and cash equivalents increased from Dec. 2020 (лв18.27 Mil) to Dec. 2021 (лв72.07 Mil) and increased from Dec. 2021 (лв72.07 Mil) to Dec. 2022 (лв102.45 Mil).

Neochim AD Cash And Cash Equivalents Historical Data

The historical data trend for Neochim AD'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.

Neochim AD Cash And Cash Equivalents Chart

Neochim AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

1.01

2.61

18.27

72.07

102.45

Neochim AD Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															82.80	102.45	98.19	55.07	53.80

Neochim AD 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.

Neochim AD (XBUL:NEOH) 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.

Neochim AD Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Neochim AD's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Neochim AD (XBUL:NEOH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Neochim AD (XBUL:NEOH) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Himkombinatska 3, Iztochna industrialna zona, Dimitrovgrad, BGR, 6403

Website

https://www.neochim.bg

Neochim AD manufactures chemicals and chemical products like ammonia, nitric acid, ammonium nitrate, formalin, polyamide, fertilizer blends, desalinated water, ammonia anhydrous and others.

Neochim AD (XBUL:NEOH) Headlines

No Headlines