Verve Group SE (XTER:M8G) Cash And Cash Equivalents : €119.0 Mil (As of Sep. 2024)

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What is Verve Group SE Cash And Cash Equivalents?

Verve Group SE's quarterly cash and cash equivalents increased from Mar. 2024 (€124.68 Mil) to Jun. 2024 (€144.78 Mil) but then stayed the same from Jun. 2024 (€144.78 Mil) to Sep. 2024 (€118.99 Mil).

Verve Group SE's annual cash and cash equivalents declined from Dec. 2021 (€180.16 Mil) to Dec. 2022 (€149.99 Mil) and declined from Dec. 2022 (€149.99 Mil) to Dec. 2023 (€121.74 Mil).

Verve Group SE Cash And Cash Equivalents Historical Data

The historical data trend for Verve Group SE'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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Verve Group SE Cash And Cash Equivalents Chart

Verve Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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32.98

46.25

180.16

149.99

121.74

Verve Group SE 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															110.39	121.74	124.68	144.78	118.99

Verve Group SE 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.

Verve Group SE (XTER:M8G) 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.

Verve Group SE Cash And Cash Equivalents Related Terms

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Verve Group SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Verve Group SE (XTER:M8G) » Definitions » Cash And Cash Equivalents

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VER:Sweden

Address

Stureplan 6, Stockholm, SWE, 114 35

Website

https://www.verve.com

Verve Group SE operates a fast-growing ad-software platform that matches global advertiser demand with publisher ad-supply while improving results through first party data from own games. Verve's main operational presence is in North America and Europe. Through investments in organic growth and innovation, as well as targeted M&A, Verve has built a one-stop shop for programmatic advertising, enabling companies to buy and sell ad space across all digital devices (mobile apps, web, connected TV and digital out of home), with the mission to make advertising better.

Executives

Paul Echt	Chief Financial Officer (CFO)
Tobias M. Weitzel	Chairman of the Board of Directors
Remco Westermann	Chief Executive Officer (CEO)/Managing Director

Verve Group SE Headlines

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