Synektik (STU:A2P) Cash And Cash Equivalents : €44.5 Mil (As of Dec. 2024)

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What is Synektik Cash And Cash Equivalents?

Synektik's quarterly cash and cash equivalents increased from Jun. 2024 (€18.21 Mil) to Sep. 2024 (€20.04 Mil) and increased from Sep. 2024 (€20.04 Mil) to Dec. 2024 (€44.55 Mil).

Synektik's annual cash and cash equivalents declined from Sep. 2021 (€4.34 Mil) to Sep. 2022 (€2.30 Mil) but then increased from Sep. 2022 (€2.30 Mil) to Sep. 2023 (€14.89 Mil).

Synektik Cash And Cash Equivalents Historical Data

The historical data trend for Synektik'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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Synektik Cash And Cash Equivalents Chart

Synektik Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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2.03

2.58

4.34

2.30

14.89

Synektik Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															41.31	17.02	18.21	20.04	44.55

Synektik 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.

Synektik (STU:A2P) 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.

Synektik Cash And Cash Equivalents Related Terms

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Synektik Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Synektik SA (STU:A2P) » Definitions » Cash And Cash Equivalents

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SNT:Poland

Address

Aleja Wincentego Witosa 31, Warsaw, POL, 00-710

Website

http://www.synektik.pl

Synektik SA is a supplier of innovative products, services and IT solutions for diagnostic imaging and nuclear medicine. It sells medical devices and IT solutions used in radiology and operates research laboratory for diagnostic imaging systems and a service centre for medical equipment. Its operating segments include the sale of medical equipment used in radiology and nuclear medicine and IT solutions, Maintenance services for medical equipment as well as acceptance and specialist tests and Radiopharmaceutical production.

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