Fos SpA (MIL:FOS) Cash And Cash Equivalents : €9.20 Mil (As of Jun. 2023)

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What is Fos SpA Cash And Cash Equivalents?

Fos SpA's quarterly cash and cash equivalents increased from Jun. 2022 (€7.85 Mil) to Dec. 2022 (€9.67 Mil) but then stayed the same from Dec. 2022 (€9.67 Mil) to Jun. 2023 (€9.20 Mil).

Fos SpA's annual cash and cash equivalents increased from Dec. 2020 (€7.20 Mil) to Dec. 2021 (€8.15 Mil) and increased from Dec. 2021 (€8.15 Mil) to Dec. 2022 (€9.67 Mil).

Fos SpA Cash And Cash Equivalents Historical Data

The historical data trend for Fos 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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Fos SpA Cash And Cash Equivalents Chart

Fos SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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4.66

7.20

8.15

9.67

9.39

Fos SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial								8.15	7.85	9.67	9.20	9.39

Fos 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.

Fos SpA (MIL:FOS) 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.

Fos SpA Cash And Cash Equivalents Related Terms

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Fos SpA (MIL:FOS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Milano 166 N/r, Genova, ITA, 16126

Website

http://www.gruppofos.it

Fos SpA is an Italian technological industry offering services of system integration and software development, applicative and infrastructural outsourcing, research activities, development and prototyping of innovative technological solutions, services for the telecommunications. The company's services are provided both in as a service mode for the maintenance of systems and new developments at the customer's premises, and through the design and realisation of tailored on demand solutions (software applications, db and systemic assistance, cyber security, cloud computing, digital workspace and hardware supply).

Fos SpA (MIL:FOS) Headlines

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