DVS Technology AG (FRA:DIS) Cash And Cash Equivalents : €7.8 Mil (As of Jun. 2021)

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What is DVS Technology AG Cash And Cash Equivalents?

DVS Technology AG's quarterly cash and cash equivalents declined from Jun. 2020 (€10.82 Mil) to Dec. 2020 (€10.25 Mil) but then stayed the same from Dec. 2020 (€10.25 Mil) to Jun. 2021 (€7.84 Mil).

DVS Technology AG's annual cash and cash equivalents declined from Dec. 2018 (€9.88 Mil) to Dec. 2019 (€9.24 Mil) but then increased from Dec. 2019 (€9.24 Mil) to Dec. 2020 (€10.25 Mil).

DVS Technology AG Cash And Cash Equivalents Historical Data

The historical data trend for DVS Technology 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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DVS Technology AG Cash And Cash Equivalents Chart

DVS Technology AG Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash And Cash Equivalents

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7.41

10.32

9.88

9.24

10.25

DVS Technology AG Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Cash And Cash Equivalents	Get a 7-Day Free Trial															6.04	9.24	10.82	10.25	7.84

DVS Technology 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.

DVS Technology AG (FRA:DIS) 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.

DVS Technology AG Cash And Cash Equivalents Related Terms

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DVS Technology AG (FRA:DIS) Business Description

Industry

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Traded in Other Exchanges

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Address

Johannes-Gutenberg-Strasse 1, Dietzenbach, DEU, D-63128

Website

http://www.diskus-werke.ag

DVS Technology AG is a holding company in the field of machine tool construction and abrasive agents. The technique offered by its products include honing, drilling, fly cutting and milling among others.