Quercus TFI (WAR:QRS) Cash And Cash Equivalents : zł52.5 Mil (As of Sep. 2024)

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What is Quercus TFI Cash And Cash Equivalents?

Quercus TFI's quarterly cash and cash equivalents declined from Mar. 2024 (zł75.84 Mil) to Jun. 2024 (zł47.95 Mil) but then increased from Jun. 2024 (zł47.95 Mil) to Sep. 2024 (zł52.48 Mil).

Quercus TFI's annual cash and cash equivalents declined from Dec. 2021 (zł80.74 Mil) to Dec. 2022 (zł19.34 Mil) and declined from Dec. 2022 (zł19.34 Mil) to Dec. 2023 (zł19.21 Mil).

Quercus TFI Cash And Cash Equivalents Historical Data

The historical data trend for Quercus TFI'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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Quercus TFI Cash And Cash Equivalents Chart

Quercus TFI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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38.15

14.75

80.74

19.34

19.21

Quercus TFI Quarterly Data
	Dec19	Mar20	Jun20	Sep20	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															49.38	19.21	75.84	47.95	52.48

Quercus TFI 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.

Quercus TFI (WAR:QRS) 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.

Quercus TFI Cash And Cash Equivalents Related Terms

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Quercus TFI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Quercus TFI SA (WAR:QRS) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

ul. Nowy Swiat 6/12, Warsaw, POL, 00400

Website

https://www.quercustfi.pl

Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.

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