Takkt AG (LTS:0GC8) Cash And Cash Equivalents : €6 Mil (As of Mar. 2025)

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What is Takkt AG Cash And Cash Equivalents?

Takkt AG's quarterly cash and cash equivalents increased from Sep. 2024 (€5.50 Mil) to Dec. 2024 (€8.13 Mil) but then stayed the same from Dec. 2024 (€8.13 Mil) to Mar. 2025 (€6.00 Mil).

Takkt AG's annual cash and cash equivalents declined from Dec. 2022 (€7.57 Mil) to Dec. 2023 (€5.59 Mil) but then increased from Dec. 2023 (€5.59 Mil) to Dec. 2024 (€8.13 Mil).

Takkt AG Cash And Cash Equivalents Historical Data

The historical data trend for Takkt 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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Takkt AG Cash And Cash Equivalents Chart

Takkt AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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4.27

2.79

7.57

5.59

8.13

Takkt AG 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															8.40	8.50	5.50	8.13	6.00

Takkt 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.

Takkt AG (LTS:0GC8) 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.

Takkt AG Cash And Cash Equivalents Related Terms

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Takkt AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Takkt AG (LTS:0GC8) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

TTK:Germany TTK:Austria

Address

Presselstrasse 12, Stuttgart, BW, DEU, 70191

Website

https://www.takkt.de

Takkt AG specializes in B2B distance selling for business equipment. The company is engaged in three segments, namely, Industrial & Packaging, Office Furniture & Displays, and FoodService. A substantial part of the company's revenue is generated from the Industrial & Packaging segment, which provides products like pallet lifting trucks, swivel chairs, and special-purpose products such as environmental cabinets and containers for hazardous materials, as well as collapsible boxes, package padding, shipping pallets, and stretch film, among others. The company has its geographical presence in Germany, Europe (without Germany), the USA which generates key revenue, and other regions.

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