Lucas Bols NV (LTS:0R6E) Cash And Cash Equivalents : €16.6 Mil (As of Sep. 2023)

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What is Lucas Bols NV Cash And Cash Equivalents?

Lucas Bols NV's quarterly cash and cash equivalents declined from Sep. 2022 (€21.89 Mil) to Mar. 2023 (€17.57 Mil) but then stayed the same from Mar. 2023 (€17.57 Mil) to Sep. 2023 (€16.62 Mil).

Lucas Bols NV's annual cash and cash equivalents increased from Mar. 2021 (€18.83 Mil) to Mar. 2022 (€25.59 Mil) but then declined from Mar. 2022 (€25.59 Mil) to Mar. 2023 (€17.57 Mil).

Lucas Bols NV Cash And Cash Equivalents Historical Data

The historical data trend for Lucas Bols NV'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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Lucas Bols NV Cash And Cash Equivalents Chart

Lucas Bols NV Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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6.77

33.11

18.83

25.59

17.57

Lucas Bols NV Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															17.93	25.59	21.89	17.57	16.62

Lucas Bols NV 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.

Lucas Bols NV (LTS:0R6E) 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.

Lucas Bols NV Cash And Cash Equivalents Related Terms

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Lucas Bols NV (LTS:0R6E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Lucas Bols NV (LTS:0R6E) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

BOLS:Netherlands BOLSa:UK LUA:Germany

Address

Paulus Potterstraat 14, Amsterdam, NLD, 1071 CZ

Website

https://www.lucasbols.com

Lucas Bols NV is mainly involved in managing the product development, bottling, distribution, sales and marketing of the brands and a large group of Dutch genevers and liqueurs. It has Global brands and Regional brands segments. The company derives the majority of its revenues from the Global Brands segment which consist of the Bols Liqueurs range, Italian Liqueurs (Galliano and Vaccari), the white spirits portfolio (Bols Vodka, Bols Genever and Damrak Gin) and Passoa. The Regional Brands segment represent the brands which in general are sold on one continent and predominantly have an off-premise character. Geographically, the group has a business presence in Western Europe, Asia Pacific, North America and others.

Lucas Bols NV (LTS:0R6E) Headlines

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