BATM Advanced Communications (XTAE:BVC) Cash And Cash Equivalents : ₪119.8 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is BATM Advanced Communications Cash And Cash Equivalents?

BATM Advanced Communications's quarterly cash and cash equivalents declined from Dec. 2022 (₪130.24 Mil) to Jun. 2023 (₪124.90 Mil) but then stayed the same from Jun. 2023 (₪124.90 Mil) to Dec. 2023 (₪119.80 Mil).

BATM Advanced Communications's annual cash and cash equivalents declined from Dec. 2021 (₪242.02 Mil) to Dec. 2022 (₪130.24 Mil) and declined from Dec. 2022 (₪130.24 Mil) to Dec. 2023 (₪119.80 Mil).

BATM Advanced Communications Cash And Cash Equivalents Historical Data

The historical data trend for BATM Advanced Communications'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.

BATM Advanced Communications Cash And Cash Equivalents Chart

BATM Advanced Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

150.35

187.36

242.02

130.24

119.80

BATM Advanced Communications 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															242.02	148.56	130.24	124.90	119.80

BATM Advanced Communications 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.

BATM Advanced Communications (XTAE:BVC) 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.

BATM Advanced Communications Cash And Cash Equivalents Related Terms

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

BATM Advanced Communications (XTAE:BVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » BATM Advanced Communications Ltd (XTAE:BVC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

BVCl:UK BVC.GB:UK BVC:UK BAV:Germany

Address

4 Ha’harash Street, P.O.B. 7318, Nave Ne'eman Industrial Area, Hod Hasharon, ISR, 4524075

Website

https://www.batm.com

BATM Advanced Communications Ltd is an Israel-based technology company. The company organizes its business operations into two divisions: Networking & Cyber Division and Biomedical Division. Networking and Cyber Division mostly includes the research and development, production, and marketing of data communication products in the field of local and wide area networks and premises management systems. Bio-Medical Division is engaged in the research and development, production, marketing, and distribution of medical products, primarily laboratory diagnostic equipment and sterilization equipment. The majority of its revenue is derived from Biomedical Division. Its geographical segments are the United States of America, Israel, and Europe.

BATM Advanced Communications (XTAE:BVC) Headlines

No Headlines