Cy4gate SpA (MIL:CY4) Cash And Cash Equivalents : €17.56 Mil (As of Dec. 2023)

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What is Cy4gate SpA Cash And Cash Equivalents?

Cy4gate SpA's quarterly cash and cash equivalents declined from Dec. 2022 (€19.89 Mil) to Jun. 2023 (€10.82 Mil) but then increased from Jun. 2023 (€10.82 Mil) to Dec. 2023 (€17.56 Mil).

Cy4gate SpA's annual cash and cash equivalents increased from Dec. 2021 (€2.30 Mil) to Dec. 2022 (€19.89 Mil) but then declined from Dec. 2022 (€19.89 Mil) to Dec. 2023 (€17.56 Mil).

Cy4gate SpA Cash And Cash Equivalents Historical Data

The historical data trend for Cy4gate 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.

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Cy4gate SpA Cash And Cash Equivalents Chart

Cy4gate SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1.40

9.98

2.30

19.89

17.56

Cy4gate SpA Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial						2.30	20.02	19.89	10.82	17.56

Cy4gate 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.

Cy4gate SpA (MIL:CY4) 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.

Cy4gate SpA Cash And Cash Equivalents Related Terms

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Cy4gate SpA (MIL:CY4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cy4gate SpA (MIL:CY4) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

68H:Germany

Address

Via Coponia 8, Rome, ITA, 00131

Website

https://www.cy4gate.com

Cy4gate SpA is engaged in developing and selling cyber intelligence and cyber security products. It has two main business lines: the division Cyber Intelligence and the Cybersecurity division, dividing its offer between products and services in both business lines. Specifically, Cyber Intelligence is composed of Decision intelligence propriety products and Forensic Intelligence and Data Analysis products. The Cybersecurity division is composed of the development of products and technologies for Cybersecurity and Cybersecurity consultation, training, and services.

Cy4gate SpA (MIL:CY4) Headlines

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