Raba Automotive Holding (STU:RMV1) Cash And Cash Equivalents : €6.7 Mil (As of Mar. 2024)

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What is Raba Automotive Holding Cash And Cash Equivalents?

Raba Automotive Holding's quarterly cash and cash equivalents declined from Sep. 2023 (€14.75 Mil) to Dec. 2023 (€11.01 Mil) but then stayed the same from Dec. 2023 (€11.01 Mil) to Mar. 2024 (€6.74 Mil).

Raba Automotive Holding's annual cash and cash equivalents increased from Dec. 2021 (€3.11 Mil) to Dec. 2022 (€21.37 Mil) but then declined from Dec. 2022 (€21.37 Mil) to Dec. 2023 (€11.01 Mil).

Raba Automotive Holding Cash And Cash Equivalents Historical Data

The historical data trend for Raba Automotive Holding'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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Raba Automotive Holding Cash And Cash Equivalents Chart

Raba Automotive Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2.01

8.24

3.11

21.37

11.01

Raba Automotive Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															17.01	8.69	14.75	11.01	6.74

Raba Automotive Holding 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.

Raba Automotive Holding (STU:RMV1) 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.

Raba Automotive Holding Cash And Cash Equivalents Related Terms

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Raba Automotive Holding (STU:RMV1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Raba Automotive Holding PLC (STU:RMV1) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

RABA:Hungary

Address

Martin ut 1, Gyor, HUN, 9027

Website

https://www.raba.hu

Raba Automotive Holding PLC operates in the automotive industry which operates in three divisions namely the Axle business unit, the Vehicle business unit, and the Automotive components business unit. The Axle segment comprises the manufacturing and sale of axles, parts, and components. The Vehicles segment includes the manufacturing of truck and bus undercarriages and related components, as well as the assembly and sale of vehicles. The parts components segment includes the manufacturing and sale of spare parts, seat frames, pressed frameworks and truck undercarriages, and sewing seat upholstery. Its products are installed in medium- and heavy-duty trucks, military trucks, buses, and others. The company generates a majority of its revenue from the Parts business segment.

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