FNCNF (Fincantieri SpA) Cash And Cash Equivalents : $717 Mil (As of Dec. 2024)

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What is Fincantieri SpA Cash And Cash Equivalents?

Fincantieri SpA's quarterly cash and cash equivalents declined from Jun. 2024 ($463.27 Mil) to Sep. 2024 ($0.00 Mil) but then increased from Sep. 2024 ($0.00 Mil) to Dec. 2024 ($716.71 Mil).

Fincantieri SpA's annual cash and cash equivalents increased from Dec. 2022 ($598.07 Mil) to Dec. 2023 ($825.82 Mil) but then declined from Dec. 2023 ($825.82 Mil) to Dec. 2024 ($716.71 Mil).

Fincantieri SpA Cash And Cash Equivalents Historical Data

The historical data trend for Fincantieri 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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Fincantieri SpA Cash And Cash Equivalents Chart

Fincantieri SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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1,550.66

1,396.81

598.07

825.82

716.71

Fincantieri SpA Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															500.15	463.27	-	716.71	-

Fincantieri 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.

Fincantieri SpA (OTCPK:FNCNF) 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.

Fincantieri SpA Cash And Cash Equivalents Related Terms

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Fincantieri SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fincantieri SpA (OTCPK:FNCNF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

FCT:Italy FCTm:UK 0QWN:UK 1F80:Germany

Address

Via Genova No 1, Trieste, ITA, 34121

Website

https://www.fincantieri.com

Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: Shipbuilding encompassing the Cruise Ships, Naval Vessels, and the Accommodation Cluster business areas; Offshore and Specialized vessels encompassing the design and construction of offshore support vessels for offshore wind farms and the oil & gas industry; and Equipment, Systems, and Infrastructure includes Electronics Cluster, Mechatronics Cluster, and Infrastructure Clusterbusiness area. It generates the majority of its revenue from the Shipbuilding segment.