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Puig Brands (FRA:B1B) Cash And Cash Equivalents : €883 Mil (As of Dec. 2024)


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What is Puig Brands Cash And Cash Equivalents?

Puig Brands's quarterly cash and cash equivalents declined from Dec. 2023 (€852.90 Mil) to Jun. 2024 (€468.24 Mil) but then increased from Jun. 2024 (€468.24 Mil) to Dec. 2024 (€882.65 Mil).

Puig Brands's annual cash and cash equivalents increased from Dec. 2022 (€710.05 Mil) to Dec. 2023 (€852.90 Mil) and increased from Dec. 2023 (€852.90 Mil) to Dec. 2024 (€882.65 Mil).

Puig Brands Cash And Cash Equivalents Historical Data

The historical data trend for Puig Brands'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.

Puig Brands Cash And Cash Equivalents Chart

Puig Brands Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash And Cash Equivalents
692.66 710.05 852.90 882.65

Puig Brands Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Cash And Cash Equivalents Get a 7-Day Free Trial 710.05 - 852.90 468.24 882.65

Puig Brands 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.

Puig Brands  (FRA:B1B) 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.

Puig Brands Cash And Cash Equivalents Related Terms

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Puig Brands Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Puig Brands SA (FRA:B1B) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
PUGBY:USA PUIGF:USA PUIGN:Mexico 1PUIG:Italy PUIGe:UK PUIG:Spain
Address
Plaza Europa 46-48, L Hospitalet de Llobregat, Barcelona, ESP, 08902
Website
https://www.puig.com
Puig is a premium beauty product maker that focuses on fragrances (76% of 2024 sales), with more limited exposure to color cosmetics (16%) and skincare (11%). Through a series of acquisitions, Puig has built a premium portfolio, including brands such as Rabanne, Carolina Herrera, Byredo, L'Artisan Parfumeur, Penhaligon's, Dries Van Noten, and Charlotte Tilbury, which contributes 95% of total sales. It also has long-term licensing agreements with Christian Louboutin, Adolfo Dominguez, and Antonio Banderas. Puig generates close to 55% of sales from Europe, 36% from the Americas, and 9% from Asia. The Puig family owns 74% of the economic interests in the company and 93% of the voting rights via a dual-class share structure.

Puig Brands Headlines

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