Adler Group (XTER:ADJ) Cash And Cash Equivalents : €377.4 Mil (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Adler Group Cash And Cash Equivalents?

Adler Group's quarterly cash and cash equivalents increased from Jun. 2023 (€231.01 Mil) to Sep. 2023 (€431.73 Mil) but then stayed the same from Sep. 2023 (€431.73 Mil) to Dec. 2023 (€377.42 Mil).

Adler Group's annual cash and cash equivalents declined from Dec. 2021 (€555.70 Mil) to Dec. 2022 (€386.99 Mil) and declined from Dec. 2022 (€386.99 Mil) to Dec. 2023 (€377.42 Mil).

Adler Group Cash And Cash Equivalents Historical Data

The historical data trend for Adler Group'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.

Adler Group Cash And Cash Equivalents Chart

Adler Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

387.56

376.03

555.70

386.99

377.42

Adler Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															386.99	234.51	231.01	431.73	377.42

Adler Group 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.

Adler Group (XTER:ADJ) 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.

Adler Group Cash And Cash Equivalents Related Terms

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

Adler Group (XTER:ADJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Adler Group SA (XTER:ADJ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

1ADJ:Italy 0RA1:UK ADJ:Austria

Address

55 Allée Scheffer, Grand Duchy of Luxembourg, LUX, L-2520

Website

https://ir.adler-group.com

Adler Group SA is a company specialized and focused on the purchase, management, and development of income-producing multi-family residential real estate with a portfolio of residential and commercial units. The portfolio of the company and its subsidiaries is situated in or on the outskirts of urban areas in Northern, Eastern, and Western Germany, such as Berlin.

Executives

Dr. Artur Stefan Kirsten	Chairman of the Board of Directors
Sven-christian Frank	Chief Legal Officer
Maximilian Rienecker	Co-CEO

Adler Group (XTER:ADJ) Headlines

No Headlines