SOHO Development (WAR:SHD) Cash And Cash Equivalents : zł2.09 Mil (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is SOHO Development Cash And Cash Equivalents?

SOHO Development's quarterly cash and cash equivalents declined from Mar. 2023 (zł9.14 Mil) to Jun. 2023 (zł2.33 Mil) but then stayed the same from Jun. 2023 (zł2.33 Mil) to Dec. 2023 (zł2.09 Mil).

SOHO Development's annual cash and cash equivalents increased from Sep. 2019 (zł3.91 Mil) to Sep. 2020 (zł3.95 Mil) but then declined from Sep. 2020 (zł3.95 Mil) to Sep. 2021 (zł1.06 Mil).

SOHO Development Cash And Cash Equivalents Historical Data

The historical data trend for SOHO Development'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.

* Premium members only.

SOHO Development Cash And Cash Equivalents Chart

SOHO Development Annual Data

Trend

Dec10

Dec11

Dec12

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Cash And Cash Equivalents

Get a 7-Day Free Trial

68.09

39.17

3.91

3.95

1.06

SOHO Development Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															14.15	9.05	9.14	2.33	2.09

SOHO Development 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.

SOHO Development (WAR:SHD) 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.

SOHO Development Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of SOHO Development's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

SOHO Development (WAR:SHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SOHO Development SA (WAR:SHD) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ul. Minska 25, Budynek 1923, Warszawa, POL, 03808

Website

http://www.sohodevelopment.pl

SOHO Development SA is a Poland based company which operates as an investment company. The company's long-term strategy is to focus on property development based on its land bank and the sale of non-strategic assets.

SOHO Development (WAR:SHD) Headlines

No Headlines