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Mikron Holding AG (XSWX:MIKN) Cash And Cash Equivalents : CHF34.0 Mil (As of Dec. 2023)


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What is Mikron Holding AG Cash And Cash Equivalents?

Mikron Holding AG's quarterly cash and cash equivalents increased from Dec. 2022 (CHF29.20 Mil) to Jun. 2023 (CHF71.70 Mil) but then stayed the same from Jun. 2023 (CHF71.70 Mil) to Dec. 2023 (CHF33.96 Mil).

Mikron Holding AG's annual cash and cash equivalents declined from Dec. 2021 (CHF54.11 Mil) to Dec. 2022 (CHF29.20 Mil) but then increased from Dec. 2022 (CHF29.20 Mil) to Dec. 2023 (CHF33.96 Mil).


Mikron Holding AG Cash And Cash Equivalents Historical Data

The historical data trend for Mikron Holding 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.

Mikron Holding AG Cash And Cash Equivalents Chart

Mikron Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.99 38.42 54.11 29.20 33.96

Mikron Holding 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 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 54.11 52.64 29.20 71.70 33.96

Mikron Holding 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.


Mikron Holding AG  (XSWX:MIKN) 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.


Mikron Holding AG Cash And Cash Equivalents Related Terms

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Mikron Holding AG (XSWX:MIKN) Business Description

Traded in Other Exchanges
Address
Muhlebrucke 2, Biel, CHE, CH-2502
Mikron Holding AG operates in automation and machining systems that enable extremely precise and productive manufacturing processes. The group engages in the automotive, pharmaceutical, medtech, consumer goods, and watchmaking industries. The business activities are operated through Mikron Machining Solutions and Mikron Automation segments. The Mikron Machining Solutions segment offers customized machining solutions for the manufacturing of complex high-precision components made of metal, such as turbocharger housings, injection nozzles, and ballpoint pen tips. The Mikron Automation segment is a key revenue driver, and manufactures customized automation solutions for the assembly and testing of products.

Mikron Holding AG (XSWX:MIKN) Headlines

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