Neogrid Participacoes (BSP:NGRD3) Cash And Cash Equivalents : R$62.7 Mil (As of Dec. 2023)

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What is Neogrid Participacoes Cash And Cash Equivalents?

Neogrid Participacoes's quarterly cash and cash equivalents increased from Jun. 2023 (R$72.54 Mil) to Sep. 2023 (R$79.31 Mil) but then stayed the same from Sep. 2023 (R$79.31 Mil) to Dec. 2023 (R$62.74 Mil).

Neogrid Participacoes's annual cash and cash equivalents declined from Dec. 2021 (R$96.46 Mil) to Dec. 2022 (R$69.76 Mil) and declined from Dec. 2022 (R$69.76 Mil) to Dec. 2023 (R$62.74 Mil).

Neogrid Participacoes Cash And Cash Equivalents Historical Data

The historical data trend for Neogrid Participacoes'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.

Neogrid Participacoes Cash And Cash Equivalents Chart

Neogrid Participacoes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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24.91

114.42

96.46

69.76

62.74

Neogrid Participacoes Quarterly Data
	Dec16	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															69.76	66.24	72.54	79.31	62.74

Neogrid Participacoes 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.

Neogrid Participacoes (BSP:NGRD3) 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.

Neogrid Participacoes Cash And Cash Equivalents Related Terms

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Neogrid Participacoes (BSP:NGRD3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Neogrid Participacoes SA (BSP:NGRD3) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

AV. Santos Dumont, 935, Santo Antonio, Joninville, SC, BRA, 89218-105

Website

https://www.neogrid.com

Neogrid Participacoes SA is engaged in investing in other companies or partnerships, businesses and undertakings of any nature. The company is focused on Software as a Service (SaaS), data and technology that solves key challenges for the supply chain. With solutions that integrate and synchronize operations of manufacturers, distributors, and retailers, it ensures that products are well distributed, sized and allocated. increasing the efficiency of customers, reducing the high costs related to waste and inventory shortages and excesses and freeing up working capital. Offering SaaS solutions is the primary source of revenue generation through subscription to the Neogrid solution platform.

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