Ablynx NV (XBRU:ABLXS) Cash And Cash Equivalents : €14.95 Mil (As of Dec. 2017)

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What is Ablynx NV Cash And Cash Equivalents?

Ablynx NV's quarterly cash and cash equivalents declined from Dec. 2016 (€53.36 Mil) to Jun. 2017 (€26.39 Mil) but then stayed the same from Jun. 2017 (€26.39 Mil) to Dec. 2017 (€14.95 Mil).

Ablynx NV's annual cash and cash equivalents increased from Dec. 2015 (€3.60 Mil) to Dec. 2016 (€53.36 Mil) but then declined from Dec. 2016 (€53.36 Mil) to Dec. 2017 (€14.95 Mil).

Ablynx NV Cash And Cash Equivalents Historical Data

The historical data trend for Ablynx 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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Ablynx NV Cash And Cash Equivalents Chart

Ablynx NV Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash And Cash Equivalents

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10.53

11.66

3.60

53.36

14.95

Ablynx NV Semi-Annual Data
	Dec07	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17
Cash And Cash Equivalents	Get a 7-Day Free Trial															3.60	89.88	53.36	26.39	14.95

Ablynx 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.

Ablynx NV (XBRU:ABLXS) 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.

Ablynx NV Cash And Cash Equivalents Related Terms

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Ablynx NV Business Description

Industry

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Address

Website

http://www.ablynx.com

Ablynx NV is a biopharmaceutical company engaged in the development of Nanobodies, proprietary therapeutic proteins based on single-domain antibody fragments. It has 45 proprietary and partnered programs in development in various therapeutic areas including inflammation, hematology, immuno-oncology, oncology and respiratory disease. It has collaborations with multiple pharmaceutical companies including AbbVie; Boehringer Ingelheim; Eddingpharm; Merck & Co., Inc., Kenilworth, New Jersey, USA; Merck KGaA; Novartis; Novo Nordisk; Sanofi and Taisho Pharmaceuticals. The company generates revenue from research collaboration agreements and from government grants.

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