Zedge (FRA:34Z) Cash And Cash Equivalents : €18.57 Mil (As of Apr. 2024)

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What is Zedge Cash And Cash Equivalents?

Zedge's quarterly cash and cash equivalents declined from Oct. 2023 (€17.75 Mil) to Jan. 2024 (€16.58 Mil) but then increased from Jan. 2024 (€16.58 Mil) to Apr. 2024 (€18.57 Mil).

Zedge's annual cash and cash equivalents declined from Jul. 2021 (€21.07 Mil) to Jul. 2022 (€16.80 Mil) and declined from Jul. 2022 (€16.80 Mil) to Jul. 2023 (€16.39 Mil).

Zedge Cash And Cash Equivalents Historical Data

The historical data trend for Zedge'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.

Zedge Cash And Cash Equivalents Chart

Zedge Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash And Cash Equivalents

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1.44

4.45

21.07

16.80

16.39

Zedge Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Cash And Cash Equivalents	Get a 7-Day Free Trial															16.48	16.39	17.75	16.58	18.57

Zedge 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.

Zedge (FRA:34Z) 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.

Zedge Cash And Cash Equivalents Related Terms

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Zedge (FRA:34Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zedge Inc (FRA:34Z) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ZDGE:USA 34Z:Germany

Address

1178 Broadway, 3rd Floor, Suite 1450, New York, NY, USA, 10001

Website

https://www.zedge.net

Zedge Inc provides content distribution platforms. Its content platform enables consumers to personalize their mobile devices with free, high-quality ringtones, wallpapers, home screen app icons, widgets and notification sounds as well as paint, a generative AI wallpaper maker, GuruShots, a skill-based photo challenge game, and Emojipedia. The company also launched a Zedge app. It has two reportable segments, which are the Zedge Marketplace and GuruShots.

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