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AGP Malaga Socimi (XPAR:MLAGP) Cash And Cash Equivalents : €0.36 Mil (As of Dec. 2023)


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What is AGP Malaga Socimi Cash And Cash Equivalents?

AGP Malaga Socimi's quarterly cash and cash equivalents increased from Dec. 2021 (€0.60 Mil) to Dec. 2022 (€1.90 Mil) but then stayed the same from Dec. 2022 (€1.90 Mil) to Dec. 2023 (€0.36 Mil).

AGP Malaga Socimi's annual cash and cash equivalents increased from Dec. 2021 (€0.60 Mil) to Dec. 2022 (€1.90 Mil) but then declined from Dec. 2022 (€1.90 Mil) to Dec. 2023 (€0.36 Mil).

AGP Malaga Socimi Cash And Cash Equivalents Historical Data

The historical data trend for AGP Malaga Socimi'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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AGP Malaga Socimi Cash And Cash Equivalents Chart

AGP Malaga Socimi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
0.66 0.59 0.60 1.90 0.36

AGP Malaga Socimi Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents 0.66 0.59 0.60 1.90 0.36

AGP Malaga Socimi 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.

AGP Malaga Socimi  (XPAR:MLAGP) 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.

AGP Malaga Socimi Cash And Cash Equivalents Related Terms

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AGP Malaga Socimi (XPAR:MLAGP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AGP Malaga Socimi SA (XPAR:MLAGP) » Definitions » Cash And Cash Equivalents
Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle Alameda Principal 16, 2nd Floor, office 1, Malaga, ESP, 29005
Website
https://www.agpsocimi.com
AGP Malaga Socimi SA is a real estate investment trust. The objective of the company is to acquire and lease real estate of various kinds, such as offices, warehouses, or commercial premises in Spanish territory.

AGP Malaga Socimi (XPAR:MLAGP) Headlines

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