Shedir Pharma Group SpA (MIL:SHE) Cash, Cash Equivalents, Marketable Securities : €13.71 Mil (As of Jun. 2024)

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What is Shedir Pharma Group SpA Cash, Cash Equivalents, Marketable Securities?

Shedir Pharma Group SpA's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 (€12.50 Mil) to Dec. 2023 (€6.23 Mil) but then increased from Dec. 2023 (€6.23 Mil) to Jun. 2024 (€13.71 Mil).

Shedir Pharma Group SpA's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (€19.07 Mil) to Dec. 2022 (€15.77 Mil) and declined from Dec. 2022 (€15.77 Mil) to Dec. 2023 (€6.23 Mil).

Shedir Pharma Group SpA Cash, Cash Equivalents, Marketable Securities Historical Data

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

Shedir Pharma Group SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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6.10

16.43

19.07

15.77

6.23

Shedir Pharma Group SpA Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial									19.46	15.77	12.50	6.23	13.71

Shedir Pharma 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.

Shedir Pharma Group SpA (MIL:SHE) 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.

Shedir Pharma Group SpA Cash, Cash Equivalents, Marketable Securities Related Terms

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Shedir Pharma Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shedir Pharma Group SpA (MIL:SHE) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

95 - Piano di Sorrento, Via Bagnulo, Naples, ITA, 80063

Website

http://www.shedirpharma.com

Shedir Pharma Group SpA is engaged in manufacturing of nutraceuticals, cosmetics and medical devices. Its products are divided into four lines Shedir , Deimos, Phobos, and Menkar. The company's products include capsules, softgels, swallowable and chewable tablets, orosoluble powders, granules, oral solutions, drops for oral use, sprays for oral, sublingual and nasal use, Creams and gels for cosmetic use, and Spray for topical use.