Azelis Group NV (CHIX:AZEB) Cash And Cash Equivalents : €304 Mil (As of Dec. 2024)

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What is Azelis Group NV Cash And Cash Equivalents?

Azelis Group NV's quarterly cash and cash equivalents declined from Dec. 2023 (€484.87 Mil) to Jun. 2024 (€384.49 Mil) but then stayed the same from Jun. 2024 (€384.49 Mil) to Dec. 2024 (€303.95 Mil).

Azelis Group NV's annual cash and cash equivalents increased from Dec. 2022 (€268.16 Mil) to Dec. 2023 (€484.87 Mil) but then declined from Dec. 2023 (€484.87 Mil) to Dec. 2024 (€303.95 Mil).

Azelis Group NV Cash And Cash Equivalents Historical Data

The historical data trend for Azelis Group NV'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.

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Azelis Group NV Cash And Cash Equivalents Chart

Azelis Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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163.26

141.29

268.16

484.87

303.95

Azelis Group NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial						268.16	416.24	484.87	384.49	303.95

Azelis Group NV 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.

Azelis Group NV (CHIX:AZEb) 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.

Azelis Group NV Cash And Cash Equivalents Related Terms

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Azelis Group NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Azelis Group NV (CHIX:AZEb) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

AZLGY:USA AZLGF:USA 2R7:Germany AZE:Belgium

Address

Posthofbrug 12, Box 6, Antwerp, BEL, B-2600

Website

https://www.azelis.com

Azelis Group NV is a innovation service provider for the specialty chemicals and food ingredients industry. The company has its business operating segments namely EMEA includes all operating companies in Europe, Middle East and Africa, Americas includes all operating companies in the United States of America, Canada, Mexico and South America (mainly Colombia and Brazil). Asia-Pacific involves all operating companies in Asia, South-East Asia and the Pacific region and Group holding & other that involves all non-operating companies, including the corporate service center and headquarters in Belgium.

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