Soke Degirmenciliknayi Ve Ticaret (IST:SOKE) Cash And Cash Equivalents : ₺401 Mil (As of Sep. 2023)

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What is Soke Degirmenciliknayi Ve Ticaret Cash And Cash Equivalents?

Soke Degirmenciliknayi Ve Ticaret's quarterly cash and cash equivalents declined from Mar. 2023 (₺585.60 Mil) to Jun. 2023 (₺332.67 Mil) but then increased from Jun. 2023 (₺332.67 Mil) to Sep. 2023 (₺401.00 Mil).

Soke Degirmenciliknayi Ve Ticaret's annual cash and cash equivalents increased from Dec. 2019 (₺26.32 Mil) to Dec. 2020 (₺45.12 Mil) but then declined from Dec. 2020 (₺45.12 Mil) to Dec. 2021 (₺45.04 Mil).

Soke Degirmenciliknayi Ve Ticaret Cash And Cash Equivalents Historical Data

The historical data trend for Soke Degirmenciliknayi Ve Ticaret'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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Soke Degirmenciliknayi Ve Ticaret Cash And Cash Equivalents Chart

Soke Degirmenciliknayi Ve Ticaret Annual Data

Trend

Dec19

Dec20

Dec21

Cash And Cash Equivalents

26.32

45.12

45.04

Soke Degirmenciliknayi Ve Ticaret Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial					-	583.86	585.60	332.67	401.00

Soke Degirmenciliknayi Ve Ticaret 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.

Soke Degirmenciliknayi Ve Ticaret (IST:SOKE) 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.

Soke Degirmenciliknayi Ve Ticaret Cash And Cash Equivalents Related Terms

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Soke Degirmenciliknayi Ve Ticaret (IST:SOKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Soke Degirmencilik Sanayi Ve Ticaret (IST:SOKE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sazl? Mahallesi Fabrika Sokak No: 02, Soke, Aydin, TUR, 09260

Website

https://www.soke.com.tr

Soke Degirmencilik Sanayi Ve Ticaret provides packaged food products. The product range consists of flour, gluten-free flour, grain flour, professional flour, and bread flour mixes.

Soke Degirmenciliknayi Ve Ticaret (IST:SOKE) Headlines

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