TCHBF (Tecan Group AG) Cash, Cash Equivalents, Marketable Securities : $385 Mil (As of Jun. 2024)

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What is Tecan Group AG Cash, Cash Equivalents, Marketable Securities?

Tecan Group AG's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($346.69 Mil) to Dec. 2023 ($423.71 Mil) but then stayed the same from Dec. 2023 ($423.71 Mil) to Jun. 2024 ($384.62 Mil).

Tecan Group AG's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($261.68 Mil) to Dec. 2022 ($312.84 Mil) and increased from Dec. 2022 ($312.84 Mil) to Dec. 2023 ($423.71 Mil).

Tecan Group AG Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Tecan Group AG'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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Tecan Group AG Cash, Cash Equivalents, Marketable Securities Chart

Tecan Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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321.88

527.29

261.68

312.84

423.71

Tecan Group AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	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															138.06	312.84	346.69	423.71	384.62

Tecan Group AG 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.

Tecan Group AG (OTCPK:TCHBF) 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.

Tecan Group AG Cash, Cash Equivalents, Marketable Securities Related Terms

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Tecan Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tecan Group AG (OTCPK:TCHBF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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TECNz:UK 0QLN:UK TECN:Switzerland

Address

Seestrasse 103, Mannedorf, CHE, 8708

Website

https://www.tecan.com

Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life sciences research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.