The Convenience Shop Holding (MAL:CVS) Cash And Cash Equivalents : €2.19 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is The Convenience Shop Holding Cash And Cash Equivalents?

The Convenience Shop Holding's quarterly cash and cash equivalents declined from Dec. 2022 (€1.21 Mil) to Jun. 2023 (€0.00 Mil) but then increased from Jun. 2023 (€0.00 Mil) to Dec. 2023 (€2.19 Mil).

The Convenience Shop Holding's annual cash and cash equivalents increased from . 20 (€0.00 Mil) to Dec. 2022 (€1.21 Mil) and increased from Dec. 2022 (€1.21 Mil) to Dec. 2023 (€2.19 Mil).

The Convenience Shop Holding Cash And Cash Equivalents Historical Data

The historical data trend for The Convenience Shop Holding'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.

* Premium members only.

The Convenience Shop Holding Cash And Cash Equivalents Chart

The Convenience Shop Holding Annual Data

Trend

Dec22

Dec23

Cash And Cash Equivalents

1.21

2.19

The Convenience Shop Holding Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	-	1.21	-	2.19

The Convenience Shop Holding 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.

The Convenience Shop Holding (MAL:CVS) 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.

The Convenience Shop Holding Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of The Convenience Shop Holding's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

The Convenience Shop Holding (MAL:CVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Convenience Shop Holding PLC (MAL:CVS) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Mdina Road, Marant Food Products, Zebbug, MLT, 9017

Website

https://www.theconvenienceshop.com

The Convenience Shop Holding PLC operates and franchises grocery stores in the fast-moving consumer goods ('FMCG') industry. Through its subsidiaries, the Company manages a chain of retail outlets under The Convenience Shop brand in various locations across Malta. The Group currently operates approximately 40 shops of which 4 shops are owned by minority shareholders and 1 shop (The Convenience Shop for Puttinu Cares Ltd) is operated for charity.