MPX International (FRA:2J6) Cash And Cash Equivalents : €0.66 Mil (As of Mar. 2022)

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What is MPX International Cash And Cash Equivalents?

MPX International's quarterly cash and cash equivalents declined from Sep. 2021 (€4.16 Mil) to Dec. 2021 (€2.50 Mil) but then stayed the same from Dec. 2021 (€2.50 Mil) to Mar. 2022 (€0.66 Mil).

MPX International's annual cash and cash equivalents declined from Sep. 2019 (€11.22 Mil) to Sep. 2020 (€0.84 Mil) but then increased from Sep. 2020 (€0.84 Mil) to Sep. 2021 (€4.16 Mil).

MPX International Cash And Cash Equivalents Historical Data

The historical data trend for MPX International'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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MPX International Cash And Cash Equivalents Chart

MPX International Annual Data

Trend

Sep18

Sep19

Sep20

Sep21

Cash And Cash Equivalents

0.11

11.22

0.84

4.16

MPX International Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Cash And Cash Equivalents	Get a 7-Day Free Trial												0.59	3.77	4.16	2.50	0.66

MPX International 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.

MPX International (FRA:2J6) 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.

MPX International Cash And Cash Equivalents Related Terms

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MPX International (FRA:2J6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MPX International Corp (FRA:2J6) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

5255 Yonge Street, Suite 701, Toronto, ON, CAN, M2N 6P4

Website

https://www.mpxinternationalcorp.com

MPX International Corp is a diversified cannabis company focused on developing and operating assets across the global medical and adult use and engaged in cultivating, manufacturing and marketing products that include cannabinoids as their primary active ingredient. The firm is organized into three segments: Canada, Europe/Africa, and Asia-Pacific. The Canada operating segment's principal business activities consist of production and sale of cannabis, video learning and engagement, patient counselling and referral services. The Europe/Africa operating segment's consist of the production and sale of cannabis and hemp-related products. The Asia-Pacific consist of the production and sale of cannabis. The majority of the revenue is generated in Canada.

MPX International (FRA:2J6) Headlines

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