Harvest Technology (MAL:HRV) Cash, Cash Equivalents, Marketable Securities : €2.61 Mil (As of Dec. 2023)

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What is Harvest Technology Cash, Cash Equivalents, Marketable Securities?

Harvest Technology's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (€2.72 Mil) to Jun. 2023 (€2.98 Mil) but then stayed the same from Jun. 2023 (€2.98 Mil) to Dec. 2023 (€2.61 Mil).

Harvest Technology's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (€3.00 Mil) to Dec. 2022 (€2.72 Mil) and declined from Dec. 2022 (€2.72 Mil) to Dec. 2023 (€2.61 Mil).

Harvest Technology Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Harvest Technology'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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Harvest Technology Cash, Cash Equivalents, Marketable Securities Chart

Harvest Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

2.13

2.55

3.00

2.72

2.61

Harvest Technology Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial					3.00	3.93	2.72	2.98	2.61

Harvest Technology 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.

Harvest Technology (MAL:HRV) 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.

Harvest Technology Cash, Cash Equivalents, Marketable Securities Related Terms

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Harvest Technology (MAL:HRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Harvest Technology PLC (MAL:HRV) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Valletta Road, Nineteen Twenty Three, Marsa, MLT, MRS 3000

Website

https://www.harvest.tech

Harvest Technology PLC is an investment and holding company. It provides delivery of business solutions and technology (including integrated and automated solutions) and payment solutions and related services. The company's portfolio consists of entities delivering systems engineering, security solutions, e-commerce platforms, electronic payments solutions, networking and system maintenance, automation products, product development and IT outsourcing. The Group operates two business activities which are the sale of payment processing services and the provision of IT solutions and security systems.

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