Umbrella Global Energy (XMAD:UMB) Cash And Cash Equivalents : €9.23 Mil (As of Dec. 2023)

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What is Umbrella Global Energy Cash And Cash Equivalents?

Umbrella Global Energy's quarterly cash and cash equivalents declined from Dec. 2022 (€15.60 Mil) to Jun. 2023 (€8.25 Mil) but then increased from Jun. 2023 (€8.25 Mil) to Dec. 2023 (€9.23 Mil).

Umbrella Global Energy's annual cash and cash equivalents increased from Dec. 2021 (€1.82 Mil) to Dec. 2022 (€15.60 Mil) but then declined from Dec. 2022 (€15.60 Mil) to Dec. 2023 (€9.23 Mil).

Umbrella Global Energy Cash And Cash Equivalents Historical Data

The historical data trend for Umbrella Global Energy'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.

Umbrella Global Energy Cash And Cash Equivalents Chart

Umbrella Global Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.62

5.42

1.82

15.60

9.23

Umbrella Global Energy Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			1.82	-	15.60	8.25	9.23

Umbrella Global Energy 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.

Umbrella Global Energy (XMAD:UMB) 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.

Umbrella Global Energy Cash And Cash Equivalents Related Terms

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Umbrella Global Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Umbrella Global Energy SA (XMAD:UMB) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Plaza de America 2, 4th Floor, Gate AB, Valencia, ESP, 46004

Website

http://www.umbrellasolarinvestment.com

Umbrella Global Energy SA, formerly Umbrella Solar Investment SA is a company with a focus on photovoltaics. The business activity encompasses the entire value chain of the photovoltaic sector, from the initial stage of project design, financing, comprehensive construction, operation and maintenance through to the active management of the energy generated in photovoltaic plants.

Umbrella Global Energy Headlines

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