SBE-Varvit SpA (FRA:O4W) Cash, Cash Equivalents, Marketable Securities : €87.5 Mil (As of Dec. 2024)

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What is SBE-Varvit SpA Cash, Cash Equivalents, Marketable Securities?

SBE-Varvit SpA's quarterly cash, cash equivalents, marketable securities declined from Dec. 2023 (€87.55 Mil) to Jun. 2024 (€66.19 Mil) but then increased from Jun. 2024 (€66.19 Mil) to Dec. 2024 (€87.49 Mil).

SBE-Varvit SpA's annual cash, cash equivalents, marketable securities increased from Dec. 2022 (€64.67 Mil) to Dec. 2023 (€87.55 Mil) but then declined from Dec. 2023 (€87.55 Mil) to Dec. 2024 (€87.49 Mil).

SBE-Varvit SpA Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for SBE-Varvit SpA's Cash, Cash Equivalents, Marketable Securities 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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SBE-Varvit SpA Cash, Cash Equivalents, Marketable Securities Chart

SBE-Varvit SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

86.09

64.67

87.55

87.49

SBE-Varvit SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			64.67	57.50	87.55	66.19	87.49

SBE-Varvit SpA Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

SBE-Varvit SpA (FRA:O4W) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

SBE-Varvit SpA Cash, Cash Equivalents, Marketable Securities Related Terms

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SBE-Varvit SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SBE-Varvit SpA (FRA:O4W) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

VARV:Italy

Address

Via Lazzaretti 2/A, Reggio Emilia, ITA, 42122

Website

https://www.sbe.it

SBE-Varvit SpA is a company involved in the production of fasteners, and mechanical fastening joints of fundamental importance for many industrial sectors. It serves various sectors by offering products including screws, nuts, and cold-pressed products, of which a majority are manufactured internally, at its fully verticalized production facilities. The company operates in a single segment which is the production and sale of screws, bolts, and other mechanical components Geographically, it generates maximum revenue from Italy and the rest from the United States, Germany, Spain, France, and other countries.

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