Kinovo (FRA:0D6) Cash And Cash Equivalents : €1.34 Mil (As of Sep. 2023)

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What is Kinovo Cash And Cash Equivalents?

Kinovo's quarterly cash and cash equivalents declined from Sep. 2022 (€1.97 Mil) to Mar. 2023 (€1.50 Mil) but then stayed the same from Mar. 2023 (€1.50 Mil) to Sep. 2023 (€1.34 Mil).

Kinovo's annual cash and cash equivalents increased from Mar. 2021 (€1.51 Mil) to Mar. 2022 (€3.00 Mil) but then declined from Mar. 2022 (€3.00 Mil) to Mar. 2023 (€1.50 Mil).

Kinovo Cash And Cash Equivalents Historical Data

The historical data trend for Kinovo'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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Kinovo Cash And Cash Equivalents Chart

Kinovo Annual Data

Trend

Jan14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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0.02

1.51

3.00

1.50

Kinovo Semi-Annual Data
	Jan12	Jan13	Jan14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.37	3.00	1.97	1.50	1.34

Kinovo 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.

Kinovo (FRA:0D6) 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.

Kinovo Cash And Cash Equivalents Related Terms

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Kinovo (FRA:0D6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kinovo PLC (FRA:0D6) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

KINO:UK 0D6:Germany

Address

201 Temple Chambers, 3–7 Temple Avenue, London, GBR, EC4Y 0DT

Website

https://www.kinovoplc.com

Kinovo PLC provides electrical, mechanical, building repair and maintenance, as well as construction services. It focuses on assuring safety and regulatory compliance standards in homes and places of work, creating and enhancing dwellings and workplaces to support sustainable and resilient communities, and providing energy-efficient solutions that reduce carbon footprint.

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