Hagen Bikes Holding AS (OTSE:HAGEN) Cash And Cash Equivalents : €0.01 Mil (As of Jun. 2023)

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What is Hagen Bikes Holding AS Cash And Cash Equivalents?

Hagen Bikes Holding AS's quarterly cash and cash equivalents declined from Jan. 2021 (€0.07 Mil) to Jun. 2022 (€0.06 Mil) but then stayed the same from Jun. 2022 (€0.06 Mil) to Jun. 2023 (€0.01 Mil).

Hagen Bikes Holding AS's annual cash and cash equivalents increased from . 20 (€0.00 Mil) to Jan. 2019 (€0.00 Mil) but then stayed the same from Jan. 2019 (€0.00 Mil) to Jan. 2020 (€0.00 Mil).

Hagen Bikes Holding AS Cash And Cash Equivalents Historical Data

The historical data trend for Hagen Bikes Holding AS'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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Hagen Bikes Holding AS Cash And Cash Equivalents Chart

Hagen Bikes Holding AS Annual Data

Trend

Jan19

Jan20

Cash And Cash Equivalents

Hagen Bikes Holding AS Semi-Annual Data
	Jan19	Jan20	Jan21	Jun22	Jun23
Cash And Cash Equivalents	-	-	0.07	0.06	0.01

Hagen Bikes Holding AS 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.

Hagen Bikes Holding AS (OTSE:HAGEN) 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.

Hagen Bikes Holding AS Cash And Cash Equivalents Related Terms

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Hagen Bikes Holding AS (OTSE:HAGEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hagen Bikes Holding AS (OTSE:HAGEN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kopli tee 1/2-5, Peetri Township, Harju County, Rae Parish, EST

Website

https://www.hagenbikes.com

Hagen Bikes Holding AS is engaged in the production and development of cargo and box bicycles.

Hagen Bikes Holding AS (OTSE:HAGEN) Headlines

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