EFFI Capital Nadlan (XTAE:EFCP) Cash And Cash Equivalents : ₪93.1 Mil (As of Mar. 2024)

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What is EFFI Capital Nadlan Cash And Cash Equivalents?

EFFI Capital Nadlan's quarterly cash and cash equivalents declined from Jun. 2023 (₪26.51 Mil) to Sep. 2023 (₪19.44 Mil) but then increased from Sep. 2023 (₪19.44 Mil) to Mar. 2024 (₪93.12 Mil).

EFFI Capital Nadlan's annual cash and cash equivalents increased from Dec. 2020 (₪0.00 Mil) to Dec. 2021 (₪57.19 Mil) and increased from Dec. 2021 (₪57.19 Mil) to Dec. 2022 (₪92.83 Mil).

EFFI Capital Nadlan Cash And Cash Equivalents Historical Data

The historical data trend for EFFI Capital Nadlan'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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EFFI Capital Nadlan Cash And Cash Equivalents Chart

EFFI Capital Nadlan Annual Data

Trend

Dec20

Dec21

Dec22

Cash And Cash Equivalents

57.19

92.83

EFFI Capital Nadlan Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial					92.83	49.89	26.51	19.44	93.12

EFFI Capital Nadlan 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.

EFFI Capital Nadlan (XTAE:EFCP) 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.

EFFI Capital Nadlan Cash And Cash Equivalents Related Terms

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EFFI Capital Nadlan (XTAE:EFCP) Business Description

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Address

Website

EFFI Capital Nadlan Ltd is a company that operates in the initiation and planning of residential construction projects, it also deals with locating real estate, improvement processes and initiation of Bundline projects on its own or through special purpose corporations (SPCs), which are usually private companies Owned by the company and or owned by the group and various partners.

EFFI Capital Nadlan (XTAE:EFCP) Headlines

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