The Blockchain Group (XPAR:ALTBG) Cash And Cash Equivalents : €1.36 Mil (As of Dec. 2023)

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What is The Blockchain Group Cash And Cash Equivalents?

The Blockchain Group's quarterly cash and cash equivalents declined from Dec. 2022 (€1.02 Mil) to Jun. 2023 (€0.49 Mil) but then increased from Jun. 2023 (€0.49 Mil) to Dec. 2023 (€1.36 Mil).

The Blockchain Group's annual cash and cash equivalents declined from Dec. 2021 (€3.24 Mil) to Dec. 2022 (€1.02 Mil) but then increased from Dec. 2022 (€1.02 Mil) to Dec. 2023 (€1.36 Mil).

The Blockchain Group Cash And Cash Equivalents Historical Data

The historical data trend for The Blockchain Group'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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The Blockchain Group Cash And Cash Equivalents Chart

The Blockchain Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.14

0.53

3.24

1.02

1.36

The Blockchain Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															3.24	1.30	1.02	0.49	1.36

The Blockchain Group 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.

The Blockchain Group (XPAR:ALTBG) 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.

The Blockchain Group Cash And Cash Equivalents Related Terms

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The Blockchain Group (XPAR:ALTBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Blockchain Group (XPAR:ALTBG) » Definitions » Cash And Cash Equivalents

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Address

8 Rue Barthelemy Danjou, Boulogne-Billancourt, Paris, FRA, 92100

Website

https://www.theblockchain-group.com

The Blockchain Group specializes in integrated services delivery, dedicated to supporting Blockchain companies and entrepreneurs in the exploitation of this technology. The group offers information, consulting, ICO (Initial Coin Offering) marketing and technology services through three business units: the Blockchain Land, the Blockchain XDev, and ICO Global Partners.

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