ELSA Solutions SpA (MIL:ELSA) Cash And Cash Equivalents : €1.41 Mil (As of Dec. 2024)

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What is ELSA Solutions SpA Cash And Cash Equivalents?

ELSA Solutions SpA's quarterly cash and cash equivalents increased from Dec. 2023 (€1.91 Mil) to Jun. 2024 (€2.29 Mil) but then stayed the same from Jun. 2024 (€2.29 Mil) to Dec. 2024 (€1.41 Mil).

ELSA Solutions SpA's annual cash and cash equivalents increased from Dec. 2022 (€0.34 Mil) to Dec. 2023 (€1.91 Mil) but then declined from Dec. 2023 (€1.91 Mil) to Dec. 2024 (€1.41 Mil).

ELSA Solutions SpA Cash And Cash Equivalents Historical Data

The historical data trend for ELSA Solutions 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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ELSA Solutions SpA Cash And Cash Equivalents Chart

ELSA Solutions SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

1.31

0.34

1.91

1.41

ELSA Solutions SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.34	-	1.91	2.29	1.41

ELSA Solutions 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.

ELSA Solutions SpA (MIL:ELSA) 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.

ELSA Solutions SpA Cash And Cash Equivalents Related Terms

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ELSA Solutions SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ELSA Solutions SpA (MIL:ELSA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via P. Patarini 15, Imola, ITA, 40026

Website

https://www.elsaweb.it

ELSA Solutions SpA is a company engaged in in the motion control and special purpose batteries sector. It operates through two business lines: the E-Motion line, dedicated to the system integrator activity of industrial automation systems (motion control), with which it offers solutions and components for operation, management and the control of the movement of mechanical systems in the field of industrial automation and the movement of precision, and the Aliant line, dedicated to the assembly of special purpose battery systems, in particular lithium batteries and in the hydrogen systems sector in which the Company operates as an OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturing.

ELSA Solutions SpA Headlines

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