MISTRAS Group (FRA:MIY) Cash And Cash Equivalents : €17.1 Mil (As of Mar. 2025)

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What is MISTRAS Group Cash And Cash Equivalents?

MISTRAS Group's quarterly cash and cash equivalents declined from Sep. 2024 (€18.34 Mil) to Dec. 2024 (€17.49 Mil) but then stayed the same from Dec. 2024 (€17.49 Mil) to Mar. 2025 (€17.15 Mil).

MISTRAS Group's annual cash and cash equivalents declined from Dec. 2022 (€19.34 Mil) to Dec. 2023 (€16.18 Mil) but then increased from Dec. 2023 (€16.18 Mil) to Dec. 2024 (€17.49 Mil).

MISTRAS Group Cash And Cash Equivalents Historical Data

The historical data trend for MISTRAS Group'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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MISTRAS Group Cash And Cash Equivalents Chart

MISTRAS Group Annual Data

Trend

May15

May16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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21.18

21.34

19.34

16.18

17.49

MISTRAS Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															15.51	15.96	18.34	17.49	17.15

MISTRAS Group 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.

MISTRAS Group (FRA:MIY) 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.

MISTRAS Group Cash And Cash Equivalents Related Terms

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MISTRAS Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MISTRAS Group Inc (FRA:MIY) » Definitions » Cash And Cash Equivalents

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MG:USA

Address

195 Clarksville Road, Princeton Junction, NJ, USA, 08550

Website

https://www.mistrasgroup.com

MISTRAS Group Inc provides asset protection solutions and systems. The company evaluates the structural integrity and reliability of critical energy, industrial, and public infrastructure. The company's three operating segments are North America, International and Products and Systems, of which key revenue is derived from the North America segment. Services segment provides asset protection solutions predominantly in North America, with the large amount of concentration in the United States, followed by Canada, consisting of non-destructive testing, and inspection. The asset protection solutions include field inspections, consulting, maintenance, data management, access, monitoring and laboratory quality assurance.

MISTRAS Group Headlines

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