Labo Euromedis (XPAR:ALEMG) Cash And Cash Equivalents : €22.17 Mil (As of Jun. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Labo Euromedis Cash And Cash Equivalents?

Labo Euromedis's quarterly cash and cash equivalents declined from Jun. 2022 (€30.10 Mil) to Dec. 2022 (€26.80 Mil) but then stayed the same from Dec. 2022 (€26.80 Mil) to Jun. 2023 (€22.17 Mil).

Labo Euromedis's annual cash and cash equivalents increased from Dec. 2020 (€15.74 Mil) to Dec. 2021 (€31.86 Mil) but then declined from Dec. 2021 (€31.86 Mil) to Dec. 2022 (€26.80 Mil).

Labo Euromedis Cash And Cash Equivalents Historical Data

The historical data trend for Labo Euromedis'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.

Labo Euromedis Cash And Cash Equivalents Chart

Labo Euromedis Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

5.12

15.74

31.86

26.80

18.84

Labo Euromedis Semi-Annual Data
	Jul13	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															31.86	30.10	26.80	22.17	18.84

Labo Euromedis 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.

Labo Euromedis (XPAR:ALEMG) 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.

Labo Euromedis Cash And Cash Equivalents Related Terms

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

Labo Euromedis (XPAR:ALEMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Labo Euromedis (XPAR:ALEMG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

61R:Germany

Address

ZI de la Tuilerie, Neuilly-sous-Clermont, FRA, 60290

Website

https://www.euromedis.fr

Euromedis Groupe is engaged in medical devices. It is engaged in the design, manufacture, rental and export of medical and surgical equipment and products.

Labo Euromedis (XPAR:ALEMG) Headlines

No Headlines