Bike24 Holding AG (LTS:0AAT) Cash And Cash Equivalents : €13.9 Mil (As of Dec. 2024)

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What is Bike24 Holding AG Cash And Cash Equivalents?

Bike24 Holding AG's quarterly cash and cash equivalents increased from Jun. 2024 (€15.67 Mil) to Sep. 2024 (€18.31 Mil) but then stayed the same from Sep. 2024 (€18.31 Mil) to Dec. 2024 (€13.93 Mil).

Bike24 Holding AG's annual cash and cash equivalents declined from Dec. 2022 (€22.38 Mil) to Dec. 2023 (€18.41 Mil) and declined from Dec. 2023 (€18.41 Mil) to Dec. 2024 (€13.93 Mil).

Bike24 Holding AG Cash And Cash Equivalents Historical Data

The historical data trend for Bike24 Holding AG'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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Bike24 Holding AG Cash And Cash Equivalents Chart

Bike24 Holding AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

25.24

10.09

22.38

18.41

13.93

Bike24 Holding AG Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial														18.41	18.28	15.67	18.31	13.93

Bike24 Holding AG 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.

Bike24 Holding AG (LTS:0AAT) 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.

Bike24 Holding AG Cash And Cash Equivalents Related Terms

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Bike24 Holding AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bike24 Holding AG (LTS:0AAT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

BIKE:Germany

Address

Breitscheidstrasse 40, Dresden, DEU, 01237

Website

https://www.bike24.com

Bike24 Holding AG offers an e-commerce platform in Europe. Its online shop offers customers a range of bike products in the European market, including parts, accessories, and clothing, traditional bikes and e-bikes, as well as adjacent sports, electric and outdoor products. It operates in the Full Bikes product segment. Its geographic segment is Germany, Austria, and Switzerland, the Rest of Europe, Rest of the world, and the majority of the revenue comes from Germany. Its Brands include Asics, Cube, Endura, Fox, Garmin, and others.

Bike24 Holding AG Headlines

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