IVS Group (MIL:IVS) Cash And Cash Equivalents : €140.6 Mil (As of Jun. 2024)

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What is IVS Group Cash And Cash Equivalents?

IVS Group's quarterly cash and cash equivalents increased from Dec. 2023 (€133.22 Mil) to Mar. 2024 (€135.92 Mil) and increased from Mar. 2024 (€135.92 Mil) to Jun. 2024 (€140.65 Mil).

IVS Group's annual cash and cash equivalents declined from Dec. 2021 (€165.79 Mil) to Dec. 2022 (€128.53 Mil) but then increased from Dec. 2022 (€128.53 Mil) to Dec. 2023 (€133.22 Mil).

IVS Group Cash And Cash Equivalents Historical Data

The historical data trend for IVS Group'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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IVS Group Cash And Cash Equivalents Chart

IVS Group Annual Data

Trend

Dec14

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Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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102.08

140.72

165.79

128.53

133.22

IVS Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															131.81	140.53	133.22	135.92	140.65

IVS Group 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.

IVS Group (MIL:IVS) 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.

IVS Group Cash And Cash Equivalents Related Terms

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IVS Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » IVS Group SA (MIL:IVS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Via dell`Artigianato, 25, Seriate, Bergamo, ITA, 24068

Website

https://www.ivsgroup.it

IVS Group SA is into vending machine business engaged in operating in four segments; Vending division which generates key revenue, and offers the sale and supply of goods, food, and beverages via automated and semiautomated vending machines, Reselling division includes sales of vending machines and food to small companies operating in the vending business, Ho.Re.Ca division comprises sales through the specific distribution channel of the hotel, and restaurant to companies selling food and beverages, and Coin division comprises management of metallic money (coins) (collection, packaging, and delivery), e-money, and payment services businesses. The company derives a majority of its revenue from Italy and the rest from France, Spain, and other regions.

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