Antengene (FRA:722) Cash And Cash Equivalents : €127.60 Mil (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Antengene Cash And Cash Equivalents?

Antengene's quarterly cash and cash equivalents declined from Jun. 2023 (€169.67 Mil) to Dec. 2023 (€151.78 Mil) but then stayed the same from Dec. 2023 (€151.78 Mil) to Jun. 2024 (€127.60 Mil).

Antengene's annual cash and cash equivalents declined from Dec. 2021 (€315.49 Mil) to Dec. 2022 (€241.54 Mil) and declined from Dec. 2022 (€241.54 Mil) to Dec. 2023 (€151.78 Mil).

Antengene Cash And Cash Equivalents Historical Data

The historical data trend for Antengene'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.

Antengene Cash And Cash Equivalents Chart

Antengene Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

95.83

390.38

315.49

241.54

151.78

Antengene Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial							303.12	241.54	169.67	151.78	127.60

Antengene 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.

Antengene (FRA:722) 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.

Antengene Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Antengene's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Antengene Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Antengene Corp Ltd (FRA:722) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

06996:Hong Kong

Address

1065 West Zhongshan Road, Suites 1206-1209, Block B, Zhongshan SOHO Plaza, Changning District, Shanghai, CHN

Website

https://www.antengene.com

Antengene Corp Ltd is a clinical-stage biopharmaceutical company focused on oncology medicines. The company produces drugs such as selinexor, eltanexor, verdinexor, and other products. It also engages in the discovery, development, manufacturing, and commercialization of first-in-class therapeutics for the treatment of hematologic malignancies and solid tumors. Geographically it operates in Chinese Mainland, Hong Kong, Macao and Taiwan and Overseas.

Antengene Headlines

No Headlines