Softing AG (XTER:SYT) Cash And Cash Equivalents : €7.33 Mil (As of Mar. 2025)

View and export this data going back to 2000. Start your Free Trial

What is Softing AG Cash And Cash Equivalents?

Softing AG's quarterly cash and cash equivalents increased from Sep. 2024 (€5.34 Mil) to Dec. 2024 (€9.27 Mil) but then stayed the same from Dec. 2024 (€9.27 Mil) to Mar. 2025 (€7.33 Mil).

Softing AG's annual cash and cash equivalents declined from Dec. 2022 (€6.80 Mil) to Dec. 2023 (€4.86 Mil) but then increased from Dec. 2023 (€4.86 Mil) to Dec. 2024 (€9.27 Mil).

Softing AG Cash And Cash Equivalents Historical Data

The historical data trend for Softing 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.

Softing AG Cash And Cash Equivalents Chart

Softing AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

Get a 7-Day Free Trial

10.17

9.61

6.80

4.86

9.27

Softing AG Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															4.36	6.26	5.34	9.27	7.33

Softing 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.

Softing AG (XTER:SYT) 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.

Softing AG Cash And Cash Equivalents Related Terms

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

Softing AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Softing AG (XTER:SYT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

0G73:UK SYT:Germany SYT:Germany SYT:Germany

Address

Richard-Reitzner-Allee 6, Haar, BY, DEU, 85540

Website

https://company.softing.com

Softing AG is engaged in developing software, hardware, and system solutions. The business operates in segments namely, Industrial, Automotive, and IT Networks. The Industrial segment which derives the majority of revenue engages in the provision of industrial communications solutions and products for the manufacturing and process industry. The Automotive segment stands for key technologies in automotive electronics as well as such closely related areas in electronics as the commercial vehicle or agricultural machinery industry. The IT Networks segment is engaged in testing, qualifying, and certifying cabling in IT systems. Geographically, it derives the majority of its revenue from the USA.

Executives

Dr. Wolfgang Trier	Board of Directors
Ernst Homolka	Board of Directors

Softing AG Headlines

From GuruFocus

Can an Algorithm Beat Jeff Ubben? The Agriculture Industry and Renaissance Technologies

By Vanina Egea Vanina Egea • 11-19-2013

Dividend Growth Stocks Can Provide Retirees Great Total Returns

By Chuck Carnevale Chuck Carnevale • 08-29-2012

Syngenta – Monsanto Merger Fate In A Fix

By Business Reports Business Reports • 05-11-2015

2 Arbitrage Ideas From Warren Buffett and Seth Klarman

By Ryan Vanzo Ryan Vanzo • 02-23-2017