Loqus Holdings (MAL:LQS) Cash And Cash Equivalents : €1.24 Mil (As of Dec. 2023)

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What is Loqus Holdings Cash And Cash Equivalents?

Loqus Holdings's quarterly cash and cash equivalents declined from Dec. 2022 (€2.08 Mil) to Jun. 2023 (€0.00 Mil) but then increased from Jun. 2023 (€0.00 Mil) to Dec. 2023 (€1.24 Mil).

Loqus Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Loqus Holdings'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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Loqus Holdings Cash And Cash Equivalents Chart

Loqus Holdings Annual Data

Trend

Jun14

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Cash And Cash Equivalents

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Loqus Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.35	-	2.08	-	1.24

Loqus Holdings 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.

Loqus Holdings (MAL:LQS) 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.

Loqus Holdings Cash And Cash Equivalents Related Terms

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Loqus Holdings (MAL:LQS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Loqus Holdings PLC (MAL:LQS) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

SUB008A, Industrial Estate, San Gwann, MLT, 3000

Website

https://www.loqusgroup.com

Loqus Holdings PLC is a Malta-based company engaged in the provision of fleet management, back-office processing and information and communication solutions. The group operates in Malta, Europe, the Middle East and South Africa, and Australia. The operating segments of the company are Fleet management; Original equipment manufacturers; Back office processing and Projects. The fleet management segment generates the majority of revenue and is engaged in Vehicle and Marine Tracking Systems and Move Logistics Solutions including tailor-made solutions as well as off-the-shelf packages.

Loqus Holdings (MAL:LQS) Headlines

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