La SIA SpA (FRA:XB9) Cash And Cash Equivalents : €4.16 Mil (As of Dec. 2024)

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What is La SIA SpA Cash And Cash Equivalents?

La SIA SpA's quarterly cash and cash equivalents declined from Dec. 2023 (€6.64 Mil) to Jun. 2024 (€4.37 Mil) but then stayed the same from Jun. 2024 (€4.37 Mil) to Dec. 2024 (€4.16 Mil).

La SIA SpA's annual cash and cash equivalents increased from Dec. 2022 (€1.19 Mil) to Dec. 2023 (€6.64 Mil) but then declined from Dec. 2023 (€6.64 Mil) to Dec. 2024 (€4.16 Mil).

La SIA SpA Cash And Cash Equivalents Historical Data

The historical data trend for La SIA 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.

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La SIA SpA Cash And Cash Equivalents Chart

La SIA SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

2.64

1.19

6.64

4.16

La SIA SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial			1.19	-	6.64	4.37	4.16

La SIA 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.

La SIA SpA (FRA:XB9) 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.

La SIA SpA Cash And Cash Equivalents Related Terms

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La SIA SpA Business Description

Industry

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Traded in Other Exchanges

LASIA:Italy

Address

Corso Sempione 55, Milan, ITA, 20149

Website

https://www.lasia.it

La SIA SpA is an Italian payment institution part of the Nexi group. It is the Principal Member of the main national and international payment circuits which are Bancomat, VISA, Mastercard, Union Pay and JCB. The company offers the citizens the possibility of paying postal bills through distribution channels which are both physical and virtual which is managed by banks or by the large organised distribution network. It also offers the development, marketing (sale and/or rental) and management/maintenance of IT products and services relating to payment instruments and, more generally, to connection to electronic circuits.

La SIA SpA Headlines

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