Adventure SpA (MIL:ADV) Cash And Cash Equivalents : €2.31 Mil (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Adventure SpA Cash And Cash Equivalents?

Adventure SpA's quarterly cash and cash equivalents declined from Dec. 2023 (€1.88 Mil) to Jun. 2024 (€0.91 Mil) but then increased from Jun. 2024 (€0.91 Mil) to Dec. 2024 (€2.31 Mil).

Adventure SpA's annual cash and cash equivalents increased from Dec. 2022 (€0.50 Mil) to Dec. 2023 (€1.88 Mil) and increased from Dec. 2023 (€1.88 Mil) to Dec. 2024 (€2.31 Mil).

Adventure SpA Cash And Cash Equivalents Historical Data

The historical data trend for Adventure SpA'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.

Adventure SpA Cash And Cash Equivalents Chart

Adventure SpA Annual Data

Trend

Dec22

Dec23

Dec24

Cash And Cash Equivalents

0.50

1.88

2.31

Adventure SpA Semi-Annual Data
	Dec22	Dec23	Jun24	Dec24
Cash And Cash Equivalents	0.50	1.88	0.91	2.31

Adventure SpA 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.

Adventure SpA (MIL:ADV) 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.

Adventure SpA Cash And Cash Equivalents Related Terms

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

Adventure SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Adventure SpA (MIL:ADV) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Bertola 2, Torino, ITA, IT-10121

Website

https://www.adventurespa.it

Adventure SpA operates as an online rate comparison platform. The company is engaged in providing carious services that includes lead generation solutions, Advertising solutions, Web development solutions, operational efficiency improvement, and others. The core business of the company is through the portal ameconviene.it a website dedicated to providing consumers with in-depth and up-to-date services and information on tracking the value for its finances, with a focus on home savings, investments, and smart financial choices.