Arras Group SpA (MIL:AGU) Cash, Cash Equivalents, Marketable Securities : €0.05 Mil (As of Dec. 2022)

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What is Arras Group SpA Cash, Cash Equivalents, Marketable Securities?

Arras Group SpA's quarterly cash, cash equivalents, marketable securities increased from . 20 (€0.00 Mil) to Dec. 2021 (€0.01 Mil) and increased from Dec. 2021 (€0.01 Mil) to Dec. 2022 (€0.05 Mil).

Arras Group SpA's annual cash, cash equivalents, marketable securities increased from . 20 (€0.00 Mil) to Dec. 2021 (€0.01 Mil) and increased from Dec. 2021 (€0.01 Mil) to Dec. 2022 (€0.05 Mil).

Arras Group SpA Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Arras Group 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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Arras Group SpA Cash, Cash Equivalents, Marketable Securities Chart

Arras Group SpA Annual Data

Trend

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

0.01

0.05

Arras Group SpA Semi-Annual Data
	Dec21	Dec22
Cash, Cash Equivalents, Marketable Securities	0.01	0.05

Arras Group 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.

Arras Group SpA (MIL:AGU) 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.

Arras Group SpA Cash, Cash Equivalents, Marketable Securities Related Terms

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Arras Group SpA (MIL:AGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arras Group SpA (MIL:AGU) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

6ZU:Germany

Address

Largo Domodossola 7, Milan, ITA, 20145

Website

https://www.arrasgroupspa.com

Arras Group SpA is a technological real estate development company for second homes, which currently operates in the Sardinian territory (in particular, in the north and south of the island), and is aimed at both Italian and foreign high-income customers. The Real Estate Projects developed by the Group typically arise in prestigious seaside locations in Sardinia, with the possibility of enjoying large internal and external spaces, as usually requested by national and international buyers interested in buying second homes. Its projects include Cannigione Sunrise, I Villini del Poetto, Seaside Costa Paradiso, The Tower Calasetta, Castle View, and others.