Chocoladefabriken Lindt & Spruengli AG (XSWX:LISP) Cash And Cash Equivalents : CHF462 Mil (As of Dec. 2023)

Chocoladefabriken Lindt & Spruengli AG Cash And Cash Equivalents Chart

Chocoladefabriken Lindt & Spruengli AG Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Cash And Cash Equivalents		Get a 7-Day Free Trial					654.80	848.40	937.20	864.60	462.20

Chocoladefabriken Lindt & Spruengli 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															937.20	794.00	864.60	483.50	462.20

Chocoladefabriken Lindt & Spruengli 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.

Chocoladefabriken Lindt & Spruengli AG  (XSWX:LISP) 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.

Chocoladefabriken Lindt & Spruengli AG Cash And Cash Equivalents Related Terms

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Chocoladefabriken Lindt & Spruengli AG (XSWX:LISP) Business Description