MediClin AG (XTER:MED) Cash And Cash Equivalents : €115.3 Mil (As of Dec. 2023)

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What is MediClin AG Cash And Cash Equivalents?

MediClin AG's quarterly cash and cash equivalents increased from Jun. 2023 (€89.28 Mil) to Sep. 2023 (€109.64 Mil) and increased from Sep. 2023 (€109.64 Mil) to Dec. 2023 (€115.29 Mil).

MediClin AG's annual cash and cash equivalents declined from Dec. 2021 (€119.52 Mil) to Dec. 2022 (€88.04 Mil) but then increased from Dec. 2022 (€88.04 Mil) to Dec. 2023 (€115.29 Mil).

MediClin AG Cash And Cash Equivalents Historical Data

The historical data trend for MediClin 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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MediClin AG Cash And Cash Equivalents Chart

MediClin AG Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

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Dec23

Cash And Cash Equivalents

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37.25

100.44

119.52

88.04

115.29

MediClin AG 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															88.04	89.83	89.28	109.64	115.29

MediClin 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.

MediClin AG (XTER:MED) 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.

MediClin AG Cash And Cash Equivalents Related Terms

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MediClin AG (XTER:MED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MediClin AG (XTER:MED) » Definitions » Cash And Cash Equivalents

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MED:Germany MED:Germany

Address

Okenstrasse 27, Offenburg, DEU, 77652

Website

https://www.mediclin.de

MediClin AG is a company engaged in operating hospitals. It is focused on providing services in the areas of neurosciences and psychological sciences as well as orthopedics in Germany. The hospitals are acute-care hospitals providing basic, standard, and specialized care, as well as specialist clinics for medical rehabilitation. The operating segments of the group are Post-acute, Acute and Other activities. It generates majority of the revenue from the Post-acute segment in which the firm offers services in the fields of subsequent nursing treatment and curative treatment. Subsequent nursing treatment starts after acute care treatment and includes all medical measures required to facilitate the healing process and return the patient to a functioning state.