GS Holdings (FRA:6NY) Cash And Cash Equivalents : €0.81 Mil (As of Sep. 2024)

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What is GS Holdings Cash And Cash Equivalents?

GS Holdings's quarterly cash and cash equivalents declined from Mar. 2024 (€0.38 Mil) to Jun. 2024 (€0.33 Mil) but then increased from Jun. 2024 (€0.33 Mil) to Sep. 2024 (€0.81 Mil).

GS Holdings's annual cash and cash equivalents declined from Dec. 2021 (€3.92 Mil) to Dec. 2022 (€3.50 Mil) and declined from Dec. 2022 (€3.50 Mil) to Dec. 2023 (€0.41 Mil).

GS Holdings Cash And Cash Equivalents Historical Data

The historical data trend for GS Holdings'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.

GS Holdings Cash And Cash Equivalents Chart

GS Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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3.72

3.46

3.92

3.50

0.41

GS Holdings Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.95	0.41	0.38	0.33	0.81

GS Holdings 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.

GS Holdings (FRA:6NY) 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.

GS Holdings Cash And Cash Equivalents Related Terms

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GS Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GS Holdings Ltd (FRA:6NY) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

43A:Singapore

Address

22 Sin Ming Lane, No 04-73, Midview City, Singapore, SGP, 573969

Website

https://www.greatsolutions.com.sg

GS Holdings Ltd is a Singapore-based holding firm. The company provides management consultancy services with relation to Branding, Operations, and Procurement services to its customers and earns management consultancy services based on the agreements entered upon. Consultancy services include providing training and delivery service at all outlets, managing customer experience and relationship management matters, and evaluating the performance of each outlet and the related executives. Its segments include Food and Beverages; Branding, Operations and Procurement services; and Investment holdings. It derives revenue from the Food and Beverages segment.

GS Holdings Headlines

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