EuroTeleSites AG (WBO:ETS) Cash And Cash Equivalents : €22.0 Mil (As of Dec. 2024)

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What is EuroTeleSites AG Cash And Cash Equivalents?

EuroTeleSites AG's quarterly cash and cash equivalents declined from Dec. 2023 (€21.03 Mil) to Jun. 2024 (€17.46 Mil) but then increased from Jun. 2024 (€17.46 Mil) to Dec. 2024 (€21.97 Mil).

EuroTeleSites AG's annual cash and cash equivalents increased from . 20 (€0.00 Mil) to Dec. 2023 (€21.03 Mil) and increased from Dec. 2023 (€21.03 Mil) to Dec. 2024 (€21.97 Mil).

EuroTeleSites AG Cash And Cash Equivalents Historical Data

The historical data trend for EuroTeleSites 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.

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EuroTeleSites AG Cash And Cash Equivalents Chart

EuroTeleSites AG Annual Data

Trend

Dec23

Dec24

Cash And Cash Equivalents

21.03

21.97

EuroTeleSites AG Semi-Annual Data
	Dec23	Jun24	Dec24
Cash And Cash Equivalents	21.03	17.46	21.97

EuroTeleSites 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.

EuroTeleSites AG (WBO:ETS) 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.

EuroTeleSites AG Cash And Cash Equivalents Related Terms

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EuroTeleSites AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » EuroTeleSites AG (WBO:ETS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

7YF:Germany

Address

Lassallestrasse 9, Vienna, AUT, 1020

Website

https://www.eurotelesites.com

EuroTeleSites AG offers solutions and services to deploy and support wireless networks. It is a telecommunications infrastructure provider and offers comprehensive solutions for building and maintaining mobile networks in Austria, Bulgaria, Croatia, North Macedonia, Slovenia, and Serbia.

Executives

Ivo Ivanovski	Board of Directors
Lars Mosdorf	Board of Directors

EuroTeleSites AG Headlines

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