Deutsche Rohstoff AG (XTER:DR0) Cash And Cash Equivalents : €32.0 Mil (As of Sep. 2024)

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What is Deutsche Rohstoff AG Cash And Cash Equivalents?

Deutsche Rohstoff AG's quarterly cash and cash equivalents declined from Mar. 2024 (€59.00 Mil) to Jun. 2024 (€29.86 Mil) but then increased from Jun. 2024 (€29.86 Mil) to Sep. 2024 (€31.98 Mil).

Deutsche Rohstoff AG's annual cash and cash equivalents increased from Dec. 2021 (€12.70 Mil) to Dec. 2022 (€47.48 Mil) and increased from Dec. 2022 (€47.48 Mil) to Dec. 2023 (€75.81 Mil).

Deutsche Rohstoff AG Cash And Cash Equivalents Historical Data

The historical data trend for Deutsche Rohstoff 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.

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Deutsche Rohstoff AG Cash And Cash Equivalents Chart

Deutsche Rohstoff AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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61.28

8.21

12.70

47.48

75.81

Deutsche Rohstoff AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															69.65	75.81	59.00	29.86	31.98

Deutsche Rohstoff 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.

Deutsche Rohstoff AG (XTER:DR0) 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.

Deutsche Rohstoff AG Cash And Cash Equivalents Related Terms

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Deutsche Rohstoff AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Deutsche Rohstoff AG (XTER:DR0) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

1DR:Italy 0W2J:UK DR0:Germany DR0:Germany DR0:Germany

Address

Q7, 24, Mannheim, BW, DEU, 68161

Website

https://rohstoff.de

Deutsche Rohstoff AG is a company that operates in the oil and gas production industry. It is also involved in mining ventures and develops its own metal deposits, with a particular focus on precious and special metals. The company has operations in various regions around the globe, including the United States, Australia, Western Europe, Canada, and Brazil. The Group primarily generates its revenue from producing crude oil and natural gas in the USA. Aside from revenue generated from the production of raw materials and associated rights such as royalties, the company's business model also includes the acquisition, development, and sale of raw material projects. It has several projects, including Cub Creek Energy, Elster Oil and Gas, Bright Rock Energy, Salt Creek Oil and Gas, and others.

Executives

Henning Döring	Board of Directors
Dr. Werner Zöllner	Supervisory Board
Jan-philipp Weitz	Board of Directors
Dr. Thomas Gutschlag	Supervisory Board

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