Heroux-Devtek (FRA:5D6) Cash And Cash Equivalents : €0.8 Mil (As of Sep. 2024)

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What is Heroux-Devtek Cash And Cash Equivalents?

Heroux-Devtek's quarterly cash and cash equivalents declined from Mar. 2024 (€6.64 Mil) to Jun. 2024 (€4.87 Mil) but then stayed the same from Jun. 2024 (€4.87 Mil) to Sep. 2024 (€0.77 Mil).

Heroux-Devtek's annual cash and cash equivalents declined from Mar. 2022 (€62.18 Mil) to Mar. 2023 (€10.25 Mil) and declined from Mar. 2023 (€10.25 Mil) to Mar. 2024 (€6.64 Mil).

Heroux-Devtek Cash And Cash Equivalents Historical Data

The historical data trend for Heroux-Devtek'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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Heroux-Devtek Cash And Cash Equivalents Chart

Heroux-Devtek Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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29.72

63.80

62.18

10.25

6.64

Heroux-Devtek Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.27	4.38	6.64	4.87	0.77

Heroux-Devtek 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.

Heroux-Devtek (FRA:5D6) 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.

Heroux-Devtek Cash And Cash Equivalents Related Terms

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Heroux-Devtek Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Heroux-Devtek Inc (FRA:5D6) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

HERXF:USA HRX:Canada

Address

1111 Saint-Charles Ouest, Suite 600, Tour Ouest, Complexe Saint-Charles, Longueuil, QC, CAN, J4K 5G4

Website

https://www.herouxdevtek.com

Heroux-Devtek Inc designs develops, manufactures, and repairs landing gear and actuation systems and components for the aerospace market. It also provides hydraulic and electromechanical flight control actuators, custom ball screws, and fracture-critical components. Geographically, the company generates a majority of its revenue from the United States and the rest from the United Kingdom, Canada, Spain, and other regions.

Heroux-Devtek Headlines

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