TAAT Global Alternatives (STU:2TP0) Cash And Cash Equivalents : €0.37 Mil (As of Jul. 2023)

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What is TAAT Global Alternatives Cash And Cash Equivalents?

TAAT Global Alternatives's quarterly cash and cash equivalents increased from Jan. 2023 (€0.20 Mil) to Apr. 2023 (€0.30 Mil) and increased from Apr. 2023 (€0.30 Mil) to Jul. 2023 (€0.37 Mil).

TAAT Global Alternatives's annual cash and cash equivalents increased from Oct. 2020 (€7.68 Mil) to Oct. 2021 (€8.19 Mil) but then declined from Oct. 2021 (€8.19 Mil) to Oct. 2022 (€0.50 Mil).

TAAT Global Alternatives Cash And Cash Equivalents Historical Data

The historical data trend for TAAT Global Alternatives'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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TAAT Global Alternatives Cash And Cash Equivalents Chart

TAAT Global Alternatives Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Cash And Cash Equivalents

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0.08

0.24

7.68

8.19

0.50

TAAT Global Alternatives Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.00	0.50	0.20	0.30	0.37

TAAT Global Alternatives 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.

TAAT Global Alternatives (STU:2TP0) 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.

TAAT Global Alternatives Cash And Cash Equivalents Related Terms

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TAAT Global Alternatives (STU:2TP0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » TAAT Global Alternatives Inc (STU:2TP0) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

TOBAF:USA 2TP0:Germany TAAT:Canada

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C1H2

Website

https://www.taatglobal.com

TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. The company generates the majority of its revenue from the tobacco products segment.

TAAT Global Alternatives (STU:2TP0) Headlines

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