Tronics Microsystems (XPAR:ALTRO) Cash And Cash Equivalents : €13.53 Mil (As of Sep. 2023)

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What is Tronics Microsystems Cash And Cash Equivalents?

Tronics Microsystems's quarterly cash and cash equivalents declined from Sep. 2022 (€0.95 Mil) to Mar. 2023 (€0.14 Mil) but then increased from Mar. 2023 (€0.14 Mil) to Sep. 2023 (€13.53 Mil).

Tronics Microsystems's annual cash and cash equivalents declined from Mar. 2021 (€3.73 Mil) to Mar. 2022 (€1.05 Mil) and declined from Mar. 2022 (€1.05 Mil) to Mar. 2023 (€0.14 Mil).

Tronics Microsystems Cash And Cash Equivalents Historical Data

The historical data trend for Tronics Microsystems'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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Tronics Microsystems Cash And Cash Equivalents Chart

Tronics Microsystems Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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1.54

6.47

3.73

1.05

0.14

Tronics Microsystems Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															3.89	1.05	0.95	0.14	13.53

Tronics Microsystems 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.

Tronics Microsystems (XPAR:ALTRO) 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.

Tronics Microsystems Cash And Cash Equivalents Related Terms

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Tronics Microsystems (XPAR:ALTRO) Business Description

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Address

98 rue du Pré de l’Horme, Crolles, Cedex, FRA, 38926

Website

http://www.tronicsgroup.com

Tronics Microsystems is a MEMS manufacturer. The company manufactures accelerometers, gyroscopes, micropumps, pressure sensors, switches, biodetectors, and other MEMS, as well as providing MEMS foundry and wafer fab manufacturing solutions. The products of the company are used in the aviation sector, medical sector, and oil & gas sector.

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