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Bastei Lubbe AG (FRA:BST) Cash And Cash Equivalents : €19.7 Mil (As of Dec. 2023)


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What is Bastei Lubbe AG Cash And Cash Equivalents?

Bastei Lubbe AG's quarterly cash and cash equivalents declined from Jun. 2023 (€22.98 Mil) to Sep. 2023 (€16.70 Mil) but then increased from Sep. 2023 (€16.70 Mil) to Dec. 2023 (€19.71 Mil).

Bastei Lubbe AG's annual cash and cash equivalents increased from Mar. 2021 (€14.47 Mil) to Mar. 2022 (€17.97 Mil) and increased from Mar. 2022 (€17.97 Mil) to Mar. 2023 (€19.48 Mil).

Bastei Lubbe AG Cash And Cash Equivalents Historical Data

The historical data trend for Bastei Lubbe AG'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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Bastei Lubbe AG Cash And Cash Equivalents Chart

Bastei Lubbe AG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 2.77 14.47 17.97 19.48

Bastei Lubbe AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.75 19.48 22.98 16.70 19.71

Bastei Lubbe AG 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.

Bastei Lubbe AG  (FRA:BST) 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.

Bastei Lubbe AG Cash And Cash Equivalents Related Terms

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Bastei Lubbe AG (FRA:BST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Bastei Lubbe AG (FRA:BST) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
BST:Germany
Address
Schanzenstrasse 6-20, Cologne, DEU, 51063
Website
https://www.luebbe.com
Bastei Lubbe AG Formerly Bastei Luebbe AG is a media company in the form of a publishing house. The company publishes books, audiobooks, eBooks, and other digital products in the genres of fiction and popular science, as well as periodicals including novel booklets and puzzle magazines. Its operating segment includes Books; and Novel booklets. The company generates maximum revenue from the Books segment. Geographically, it derives a majority of its revenue from Germany.