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1000Mercis Cash And Cash Equivalents

: €13.76 Mil (As of Dec. 2019)
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1000Mercis's quarterly cash and cash equivalents increased from Dec. 2018 (€18.63 Mil) to Jun. 2019 (€19.41 Mil) but then stayed the same from Jun. 2019 (€19.41 Mil) to Dec. 2019 (€13.76 Mil).

1000Mercis's annual cash and cash equivalents declined from Dec. 2017 (€23.39 Mil) to Dec. 2018 (€18.63 Mil) and declined from Dec. 2018 (€18.63 Mil) to Dec. 2019 (€13.76 Mil).


1000Mercis Cash And Cash Equivalents Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

1000Mercis Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cash And Cash Equivalents Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.76 28.13 23.39 18.63 13.76

1000Mercis Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Cash And Cash Equivalents Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.39 14.47 18.63 19.41 13.76

1000Mercis 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.


1000Mercis  (XPAR:ALMIL) 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.


1000Mercis Cash And Cash Equivalents Related Terms


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