Creditshelf AG (XTER:CSQ) Cash And Cash Equivalents : €2.98 Mil (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Creditshelf AG Cash And Cash Equivalents?

Creditshelf AG's quarterly cash and cash equivalents declined from Mar. 2023 (€4.62 Mil) to Jun. 2023 (€4.49 Mil) but then stayed the same from Jun. 2023 (€4.49 Mil) to Sep. 2023 (€2.98 Mil).

Creditshelf AG's annual cash and cash equivalents increased from Dec. 2020 (€3.84 Mil) to Dec. 2021 (€4.46 Mil) but then declined from Dec. 2021 (€4.46 Mil) to Dec. 2022 (€4.14 Mil).

Creditshelf AG Cash And Cash Equivalents Historical Data

The historical data trend for Creditshelf AG'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.

Creditshelf AG Cash And Cash Equivalents Chart

Creditshelf AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

10.90

6.04

3.84

4.46

4.14

Creditshelf AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.01	4.14	4.62	4.49	2.98

Creditshelf AG 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.

Creditshelf AG (XTER:CSQ) 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.

Creditshelf AG Cash And Cash Equivalents Related Terms

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

Creditshelf AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Creditshelf AG (XTER:CSQ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CSQ:Germany

Address

Mainzer Landstrasse 33a, Frankfurt, DEU, 60329

Website

https://www.creditshelf.com

Creditshelf AG is the platform for digital SME finance in Germany. It arranges flexible financial solutions that are not tied to specific banks for small and medium-sized enterprises via its online platform, www.creditshelf.com. The company has successfully developed an online credit marketplace platform whose processes are supported by the proprietary, data-driven risk analysis software. The creditshelf platform models the entire credit process, from the loan application through credit analysis and risk management down to loan disbursement and loan servicing. The product offering, which is targeted at German SMEs and growth companies, comprises corporate loans. The business generates revenue from Borrower fees, Investor fees and Servicing and advisory fees.

Executives

Rolf Elgeti	Supervisory Board
Dr. Daniel Bartsch	Board of Directors
Fabian Brügmann	Chief Financial Officer

Creditshelf AG Headlines

From GuruFocus

Calamos Strategic Total Return Fund's Dividend Analysis

By GuruFocus Research • 10-11-2023

Weekly Top Insider Buys Highlight for the Week of January 5

By Shuda Xia Shuda Xia • 01-08-2018

Calamos Strategic Total Return Fund's Dividend Analysis

By GuruFocus Research • 02-09-2024