Suedzucker AG (XTER:SZU) Cash And Cash Equivalents : €261 Mil (As of Aug. 2024)

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What is Suedzucker AG Cash And Cash Equivalents?

Suedzucker AG's quarterly cash and cash equivalents declined from Feb. 2024 (€305.00 Mil) to May. 2024 (€0.00 Mil) but then increased from May. 2024 (€0.00 Mil) to Aug. 2024 (€261.00 Mil).

Suedzucker AG's annual cash and cash equivalents declined from Feb. 2022 (€315.60 Mil) to Feb. 2023 (€247.00 Mil) but then increased from Feb. 2023 (€247.00 Mil) to Feb. 2024 (€305.00 Mil).

Suedzucker AG Cash And Cash Equivalents Historical Data

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

Suedzucker AG Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash And Cash Equivalents

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197.40

197.50

315.60

247.00

305.00

Suedzucker AG Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Cash And Cash Equivalents	Get a 7-Day Free Trial															260.00	-	305.00	-	261.00

Suedzucker 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.

Suedzucker AG (XTER:SZU) 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.

Suedzucker AG Cash And Cash Equivalents Related Terms

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Suedzucker AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Suedzucker AG (XTER:SZU) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SUEZY:USA SUEZF:USA 0G7B:UK SZU:Austria

Address

Maximilianstrasse 10, Mannheim, DEU, 68165

Website

https://www.suedzucker.de

Suedzucker AG has five major segments: Sugar, Special products, Crop energies, starch, and Fruit. The Sugar segment produces Sugar, sugar specialty products, animal feed, and fertilizer. Special products produce frozen pizzas, baguettes, snacks, pasta, food ingredients, animal feed, starch, and pharmaceuticals. Crop energies produce bioethanol, protein-based food, and liquid carbon dioxide. The fruit segment makes juice concentrates, pure juice, wines, and beverage bases. Suedzucker sells its products to retailers and companies in the food, beverage, agriculture, paper, textile, chemicals, pharmaceuticals, cosmetics, animal feed, and petroleum industries. Germany is Suedzucker's biggest market, and the firm generates most of its revenue in European Union countries.

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