Branicks Group AG (WBO:DIC) Cash And Cash Equivalents : €169.6 Mil (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Branicks Group AG Cash And Cash Equivalents?

Branicks Group AG's quarterly cash and cash equivalents declined from Mar. 2024 (€144.91 Mil) to Jun. 2024 (€91.38 Mil) but then increased from Jun. 2024 (€91.38 Mil) to Sep. 2024 (€169.59 Mil).

Branicks Group AG's annual cash and cash equivalents declined from Dec. 2021 (€546.91 Mil) to Dec. 2022 (€180.48 Mil) and declined from Dec. 2022 (€180.48 Mil) to Dec. 2023 (€158.64 Mil).

Branicks Group AG Cash And Cash Equivalents Historical Data

The historical data trend for Branicks Group AG'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.

Branicks Group AG Cash And Cash Equivalents Chart

Branicks Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

351.24

371.40

546.91

180.48

158.64

Branicks Group AG 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															301.52	158.64	144.91	91.38	169.59

Branicks Group AG 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.

Branicks Group AG (WBO:DIC) 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.

Branicks Group AG Cash And Cash Equivalents Related Terms

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

Branicks Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Branicks Group AG (WBO:DIC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

DDCCF:USA 0QGG:UK BRNK:Germany

Address

Neue Mainzer Strasse 20, MainTor, Frankfurt am Main, DEU, 60311

Website

https://www.dic-asset.de

Branicks Group AG is a commercial real estate investor and asset manager. It operates in the area of portfolio, asset, and property management. The company operates its business through two segments: Commercial Portfolio, and Institutional Business. The Commercial Portfolio segment consists of investments and revenue streams from properties and Institutional Business (IBU) segment comprises all of the real estate investment services for institutional clients who structure and manage funds, club deals, and separate accounts. Key revenue is generated from the commercial portfolio segment.

Branicks Group AG Headlines

No Headlines