ZEAL Network SE (XTER:TIMA) Cash And Cash Equivalents : €69.2 Mil (As of Mar. 2024)

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What is ZEAL Network SE Cash And Cash Equivalents?

ZEAL Network SE's quarterly cash and cash equivalents increased from Sep. 2023 (€50.44 Mil) to Dec. 2023 (€57.70 Mil) and increased from Dec. 2023 (€57.70 Mil) to Mar. 2024 (€69.24 Mil).

ZEAL Network SE's annual cash and cash equivalents declined from Dec. 2021 (€89.92 Mil) to Dec. 2022 (€61.21 Mil) and declined from Dec. 2022 (€61.21 Mil) to Dec. 2023 (€57.70 Mil).

ZEAL Network SE Cash And Cash Equivalents Historical Data

The historical data trend for ZEAL Network 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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ZEAL Network SE Cash And Cash Equivalents Chart

ZEAL Network SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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153.28

82.92

89.92

61.21

57.70

ZEAL Network SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															120.99	47.68	50.44	57.70	69.24

ZEAL Network 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.

ZEAL Network SE (XTER:TIMA) 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.

ZEAL Network SE Cash And Cash Equivalents Related Terms

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ZEAL Network SE (XTER:TIMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ZEAL Network SE (XTER:TIMA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

TIM:Germany TIMA:Germany TIMA:Germany

Address

Strassenbahnring 11, Hamburg, NI, DEU, 20251

Website

https://www.zealnetwork.de

ZEAL Network SE is a holding company specialized in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The Germany operating segment comprises the results of the online lottery brokerage business and the Group's charity lotteries in Germany. The Other segment comprises the online lottery operation for the charitable org ONCE in Spain and investment in early-stage start-ups under Zeal ventures. The majority of revenue is derived from the Germany segment.

Executives

Sönke Martens	Board of Directors
Dr. Helmut Wilhelm Becker	Board of Directors
Jonas Mattsson	Board of Directors
Peter Steiner	Supervisory Board
Frank Strauß	Supervisory Board
Oliver Jaster	Supervisory Board

ZEAL Network SE (XTER:TIMA) Headlines

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