La SIA SpA (FRA:XB9) Cash, Cash Equivalents, Marketable Securities : €4.16 Mil (As of Dec. 2024)

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What is La SIA SpA Cash, Cash Equivalents, Marketable Securities?

La SIA SpA's quarterly cash, cash equivalents, marketable securities declined from Dec. 2023 (€6.64 Mil) to Jun. 2024 (€4.37 Mil) but then stayed the same from Jun. 2024 (€4.37 Mil) to Dec. 2024 (€4.16 Mil).

La SIA SpA's annual cash, cash equivalents, marketable securities increased from Dec. 2022 (€1.19 Mil) to Dec. 2023 (€6.64 Mil) but then declined from Dec. 2023 (€6.64 Mil) to Dec. 2024 (€4.16 Mil).

La SIA SpA Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for La SIA 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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La SIA SpA Cash, Cash Equivalents, Marketable Securities Chart

La SIA SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

2.64

1.19

6.64

4.16

La SIA SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			1.19	-	6.64	4.37	4.16

La SIA 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.

La SIA SpA (FRA:XB9) 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.

La SIA SpA Cash, Cash Equivalents, Marketable Securities Related Terms

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La SIA SpA Business Description

Industry

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Traded in Other Exchanges

LASIA:Italy

Address

Corso Sempione 55, Milan, ITA, 20149

Website

https://www.lasia.it

La SIA SpA is an Italian payment institution part of the Nexi group. It is the Principal Member of the main national and international payment circuits which are Bancomat, VISA, Mastercard, Union Pay and JCB. The company offers the citizens the possibility of paying postal bills through distribution channels which are both physical and virtual which is managed by banks or by the large organised distribution network. It also offers the development, marketing (sale and/or rental) and management/maintenance of IT products and services relating to payment instruments and, more generally, to connection to electronic circuits.

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