KATEK SE (FRA:KTEK) Cash And Cash Equivalents : €47.9 Mil (As of Dec. 2023)

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What is KATEK SE Cash And Cash Equivalents?

KATEK SE's quarterly cash and cash equivalents declined from Jun. 2023 (€43.16 Mil) to Sep. 2023 (€37.32 Mil) but then increased from Sep. 2023 (€37.32 Mil) to Dec. 2023 (€47.86 Mil).

KATEK SE's annual cash and cash equivalents declined from Dec. 2021 (€40.75 Mil) to Dec. 2022 (€22.22 Mil) but then increased from Dec. 2022 (€22.22 Mil) to Dec. 2023 (€47.86 Mil).

KATEK SE Cash And Cash Equivalents Historical Data

The historical data trend for KATEK SE'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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KATEK SE Cash And Cash Equivalents Chart

KATEK SE Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

35.39

40.75

22.22

47.86

KATEK SE Quarterly Data
	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										22.22	47.06	43.16	37.32	47.86

KATEK SE 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.

KATEK SE (FRA:KTEK) 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.

KATEK SE Cash And Cash Equivalents Related Terms

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KATEK SE (FRA:KTEK) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

KTEK:Germany

Address

Promenadeplatz 12, Munchen, BY, DEU, 80333

Website

https://www.katek-group.de

KATEK SE is a German electronics service provider. The key revenue streams are automotive, communication, consumer, industry, energy/solar, and medical technology. It has two segments, The Electronics segment comprises the activities of the Group in the development of hardware and software, prototyping, and the manufacture of high-quality electronics for industrial customers. The Systems & Products segment comprises the same value-added activities, but, in contrast to the Electronics segment, it possesses a number of additional features that together create particular value added (high-value electronics). The majority is from the Electronics segment. Geographically, the majority of revenue is from Germany.

Executives

Dr. Johannes Fues

Board of Directors

KATEK SE (FRA:KTEK) Headlines

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