Ontex Group NV (WBO:ONTX) Cash And Cash Equivalents : €97.2 Mil (As of Dec. 2023)

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What is Ontex Group NV Cash And Cash Equivalents?

Ontex Group NV's quarterly cash and cash equivalents declined from Jun. 2023 (€112.80 Mil) to Sep. 2023 (€0.00 Mil) but then increased from Sep. 2023 (€0.00 Mil) to Dec. 2023 (€97.20 Mil).

Ontex Group NV's annual cash and cash equivalents declined from Dec. 2021 (€246.70 Mil) to Dec. 2022 (€149.10 Mil) and declined from Dec. 2022 (€149.10 Mil) to Dec. 2023 (€97.20 Mil).

Ontex Group NV Cash And Cash Equivalents Historical Data

The historical data trend for Ontex Group NV'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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Ontex Group NV Cash And Cash Equivalents Chart

Ontex Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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127.80

430.10

246.70

149.10

97.20

Ontex Group NV Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	149.10	112.80	-	97.20

Ontex Group NV 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.

Ontex Group NV (WBO:ONTX) 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.

Ontex Group NV Cash And Cash Equivalents Related Terms

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Ontex Group NV (WBO:ONTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ontex Group NV (WBO:ONTX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ONXXF:USA ONTEXb:UK 0QVQ:UK OT7:Germany ONTEX:Belgium

Address

Korte Keppestraat 21, Erembodegem, Aalst, BEL, 9320

Website

https://www.ontex.com

Ontex Group NV is an international producer of personal-hygiene solutions offered in Europe, Russia, the Middle East, North Africa, and the Americas. Its main business segments are baby care, feminine care, and adult care. Baby care offers mainly diapers and training underpants under a variety of brands: at a lower price point, Canbebe is offered across the Middle East and Africa; Helen Harper Baby is offered across Eastern Europe, Russia, and Africa; ecological diapers such as Bio Baby are offered across Germany; and the Kiddies brand is offered in Mexico. Feminine Care offers towels, liners, and tampons under the Helen Harper and Fiore brands. Adult Care offers incontinence products, pull-up pants, and adult diapers under the Serenity, Id, Canped, and Euron brands.

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