Maire SpA (CHIX:MAIREM) Cash And Cash Equivalents : €924 Mil (As of Mar. 2024)

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What is Maire SpA Cash And Cash Equivalents?

Maire SpA's quarterly cash and cash equivalents increased from Sep. 2023 (€706.96 Mil) to Dec. 2023 (€915.50 Mil) and increased from Dec. 2023 (€915.50 Mil) to Mar. 2024 (€924.40 Mil).

Maire SpA's annual cash and cash equivalents increased from Dec. 2021 (€677.10 Mil) to Dec. 2022 (€762.46 Mil) and increased from Dec. 2022 (€762.46 Mil) to Dec. 2023 (€915.50 Mil).

Maire SpA Cash And Cash Equivalents Historical Data

The historical data trend for Maire SpA'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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Maire SpA Cash And Cash Equivalents Chart

Maire SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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727.39

705.33

677.10

762.46

915.50

Maire SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															785.47	725.72	706.96	915.50	924.40

Maire SpA 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.

Maire SpA (CHIX:MAIREm) 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.

Maire SpA Cash And Cash Equivalents Related Terms

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Maire SpA (CHIX:MAIREM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Maire SpA (CHIX:MAIREm) » Definitions » Cash And Cash Equivalents

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MAIRE:Italy 0QEP:UK 3OY1:Germany

Address

Via Gaetano De Castillia 6A, Milan, ITA, 20124

Website

https://www.mairetecnimont.com

Maire Tecnimont SpA is an Italy-based company that provides engineering and construction services and products through its subsidiary. The company operates through two segments. The Hydrocarbons business unit segment designs and constructs plants, for the natural gas chain involving separation, treatment, liquefaction, transport, storage, regasification and compression, and pumping stations. The Green Energy business unit segment is involved in undertaking mechanical plastics recycling and the promotion of recycled chemicals.

Maire SpA (CHIX:MAIREM) Headlines

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