Pet Service Holding NV (XPAR:MLPET) Cash And Cash Equivalents : €0.14 Mil (As of Dec. 2023)

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What is Pet Service Holding NV Cash And Cash Equivalents?

Pet Service Holding NV's quarterly cash and cash equivalents declined from Dec. 2021 (€1.96 Mil) to Dec. 2022 (€0.70 Mil) but then stayed the same from Dec. 2022 (€0.70 Mil) to Dec. 2023 (€0.14 Mil).

Pet Service Holding NV's annual cash and cash equivalents declined from Dec. 2021 (€1.96 Mil) to Dec. 2022 (€0.70 Mil) and declined from Dec. 2022 (€0.70 Mil) to Dec. 2023 (€0.14 Mil).

Pet Service Holding NV Cash And Cash Equivalents Historical Data

The historical data trend for Pet Service Holding NV'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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Pet Service Holding NV Cash And Cash Equivalents Chart

Pet Service Holding NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.03

0.05

1.96

0.70

0.14

Pet Service Holding NV Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Cash And Cash Equivalents	0.03	0.05	1.96	0.70	0.14

Pet Service Holding NV 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.

Pet Service Holding NV (XPAR:MLPET) 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.

Pet Service Holding NV Cash And Cash Equivalents Related Terms

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Pet Service Holding NV (XPAR:MLPET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pet Service Holding NV (XPAR:MLPET) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrieweg 16, Wormerveer, NLD, 1521

Website

https://www.petserviceholding.com

Pet Service Holding NV is a European provider of products and services for pets and pet owners. The company specializes in the online sale of medicines, food products, and accessories for pets. The Group operates the following online shops: Dierenapotheek.nl and Drpetcare and sells OTC Medicines for pets. The company also offers PetApp which is a smartphone application that provides users with access to an online pet supply store, storage solutions for data relating to pets, and the option to receive news and information about pet events. The Group is also actively developing a tracker for pets (the PetTracker) and intends to integrate the tracking option into the PetApp.

Pet Service Holding NV (XPAR:MLPET) Headlines

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