EDNMY (Edenred SE) Cash And Cash Equivalents : $1,598 Mil (As of Jun. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Edenred SE Cash And Cash Equivalents?

Edenred SE's quarterly cash and cash equivalents declined from Jun. 2023 ($1,483.21 Mil) to Dec. 2023 ($1,476.55 Mil) but then increased from Dec. 2023 ($1,476.55 Mil) to Jun. 2024 ($1,598.49 Mil).

Edenred SE's annual cash and cash equivalents declined from Dec. 2021 ($1,688.14 Mil) to Dec. 2022 ($1,568.86 Mil) and declined from Dec. 2022 ($1,568.86 Mil) to Dec. 2023 ($1,476.55 Mil).

Edenred SE Cash And Cash Equivalents Historical Data

The historical data trend for Edenred SE'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.

Edenred SE Cash And Cash Equivalents Chart

Edenred SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

1,115.56

1,368.61

1,688.14

1,568.86

1,476.55

Edenred SE Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,226.22	1,568.86	1,483.21	1,476.55	1,598.49

Edenred SE 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.

Edenred SE (OTCPK:EDNMY) 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.

Edenred SE Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Edenred SE's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Edenred SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Edenred SE (OTCPK:EDNMY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

EDNMF:USA EDENp:UK 0MUM:UK EDEN:France QSV:Germany EDEN:Austria

Address

14-16 Boulevard Garibaldi, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://www.edenred.com

Edenred is a France-listed prepaid corporate services provider operating in 45 countries. The company was listed in 2010 following a spinoff from hotel group Accor. Edenred's main business, Ticket Restaurant, offers prepaid meal vouchers that employers provide to their employees as an additional benefit. The company is also involved in other areas such as prepaid fuel cards and payment and expense-management systems. Edenred is also moving "beyond" its historical services, adding wellbeing, gift, EV, toll and business to business accounts payable automation services.