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Geox SpA (FRA:GHH) Cash And Cash Equivalents : €70.1 Mil (As of Dec. 2023)


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What is Geox SpA Cash And Cash Equivalents?

Geox SpA's quarterly cash and cash equivalents increased from Dec. 2022 (€24.30 Mil) to Jun. 2023 (€47.22 Mil) and increased from Jun. 2023 (€47.22 Mil) to Dec. 2023 (€70.15 Mil).

Geox SpA's annual cash and cash equivalents declined from Dec. 2021 (€45.66 Mil) to Dec. 2022 (€24.30 Mil) but then increased from Dec. 2022 (€24.30 Mil) to Dec. 2023 (€70.15 Mil).


Geox SpA Cash And Cash Equivalents Historical Data

The historical data trend for Geox SpA'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.

Geox SpA Cash And Cash Equivalents Chart

Geox SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.45 83.13 45.66 24.30 70.15

Geox SpA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 45.66 26.53 24.30 47.22 70.15

Geox SpA 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.


Geox SpA  (FRA:GHH) 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.


Geox SpA Cash And Cash Equivalents Related Terms

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Geox SpA (FRA:GHH) Business Description

Traded in Other Exchanges
Address
Via Feltrina Centro, 16, Biadene di Montebelluna, Treviso, ITA, 31044
Geox SpA is engaged in the production and sales of footwear and apparel to retail and end-customers under the Geox brand. Due to technological solutions. It also grants distribution rights and the use of the brand name to third parties in the markets where it has no direct presence. The operating segments of the group are based on its products, namely Footwear and Apparel. It derives a majority of the revenue from the Footwear segment which relates to the sale of footwear products. The company has a commercial presence in Italy, Europe, North America, and other countries where its key revenue comes from Europe.

Geox SpA (FRA:GHH) Headlines

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