Creotech Instruments (WAR:CRI) Cash And Cash Equivalents : zł51.19 Mil (As of Sep. 2024)

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What is Creotech Instruments Cash And Cash Equivalents?

Creotech Instruments's quarterly cash and cash equivalents declined from Mar. 2024 (zł62.66 Mil) to Jun. 2024 (zł59.77 Mil) but then stayed the same from Jun. 2024 (zł59.77 Mil) to Sep. 2024 (zł51.19 Mil).

Creotech Instruments's annual cash and cash equivalents increased from Dec. 2021 (zł11.86 Mil) to Dec. 2022 (zł26.30 Mil) and increased from Dec. 2022 (zł26.30 Mil) to Dec. 2023 (zł73.22 Mil).

Creotech Instruments Cash And Cash Equivalents Historical Data

The historical data trend for Creotech Instruments'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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Creotech Instruments Cash And Cash Equivalents Chart

Creotech Instruments Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

2.90

6.36

11.86

26.30

73.22

Creotech Instruments Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial													24.85	73.22	62.66	59.77	51.19

Creotech Instruments 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.

Creotech Instruments (WAR:CRI) 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.

Creotech Instruments Cash And Cash Equivalents Related Terms

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Creotech Instruments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Creotech Instruments SA (WAR:CRI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

5OB:Germany

Address

Gen. L. Okulickiego 7/9, Piaseczno, POL, 05-500

Website

https://www.creotech.pl

Creotech Instruments SA is a provider of advanced space technologies, specialized electronics, and hardware with global applications in areas such as quantum computers, quantum cryptography, quantum physics, and high energy physics laboratories. Its five primary business segments are: NewSpace dedicated to developing a satellite platform and its components; Earth Observation dedicated to developing Earth Observation systems and UAV technology (Unmanned Aerial Vehicle); Science dedicated to developing specialized electronics and components for quantum computers and time synchronization systems; Production dedicated to the manufacture of electronics; ESA Projects dedicated chiefly to projects carried in partnership with or/and commissioned by the European Space Agency (ESA).