Pluxee NV (XPAR:PLX) Cash And Cash Equivalents : €1,799 Mil (As of Feb. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Pluxee NV Cash And Cash Equivalents?

Pluxee NV's quarterly cash and cash equivalents increased from Feb. 2023 (€0.00 Mil) to Aug. 2023 (€1,625.00 Mil) and increased from Aug. 2023 (€1,625.00 Mil) to Feb. 2024 (€1,799.00 Mil).

Pluxee NV's annual cash and cash equivalents increased from Aug. 2021 (€829.00 Mil) to Aug. 2022 (€1,144.00 Mil) and increased from Aug. 2022 (€1,144.00 Mil) to Aug. 2023 (€1,625.00 Mil).

Pluxee NV Cash And Cash Equivalents Historical Data

The historical data trend for Pluxee 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.

* Premium members only.

Pluxee NV Cash And Cash Equivalents Chart

Pluxee NV Annual Data

Trend

Aug21

Aug22

Aug23

Cash And Cash Equivalents

829.00

1,144.00

1,625.00

Pluxee NV Quarterly Data
	Aug21	Aug22	Feb23	Aug23	Feb24
Cash And Cash Equivalents	829.00	1,144.00	-	1,625.00	1,799.00

Pluxee 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.

Pluxee NV (XPAR:PLX) 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.

Pluxee NV Cash And Cash Equivalents Related Terms

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

Pluxee NV (XPAR:PLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pluxee NV (XPAR:PLX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

RV1:Germany

Address

255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://www.pluxeegroup.com

Pluxee is a company providing employee benefits and engagement. It offers products and services focused on their real daily needs from meal orders to expense reports and well-being.