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Amadeus IT Group (XMAD:AMS) Cash, Cash Equivalents, Marketable Securities : €1,014 Mil (As of Sep. 2024)


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What is Amadeus IT Group Cash, Cash Equivalents, Marketable Securities?

Amadeus IT Group's quarterly cash, cash equivalents, marketable securities declined from Mar. 2024 (€1,522.50 Mil) to Jun. 2024 (€994.00 Mil) but then increased from Jun. 2024 (€994.00 Mil) to Sep. 2024 (€1,014.00 Mil).

Amadeus IT Group's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (€1,822.10 Mil) to Dec. 2022 (€1,994.80 Mil) but then declined from Dec. 2022 (€1,994.80 Mil) to Dec. 2023 (€1,065.00 Mil).


Amadeus IT Group Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Amadeus IT Group'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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Amadeus IT Group Cash, Cash Equivalents, Marketable Securities Chart

Amadeus IT Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 575.30 2,476.20 1,822.10 1,994.80 1,065.00

Amadeus IT Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 859.90 1,065.00 1,522.50 994.00 1,014.00

Amadeus IT Group 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.


Amadeus IT Group  (XMAD:AMS) 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.


Amadeus IT Group Cash, Cash Equivalents, Marketable Securities Related Terms

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Amadeus IT Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Amadeus IT Group SA (XMAD:AMS) » Definitions » Cash, Cash Equivalents, Marketable Securities
Address
Salvador de Madariaga, 1, Madrid, ESP, 28027
Founded in 1987 by four major European airline carriers (Air France, Lufthansa, Iberia, and SAS), Amadeus became the world's second global distribution system operator, or GDS, after Sabre's development in the 1960s and 1970s. Today, among the top three GDS operators that control nearly 100% of industry revenue, Amadeus' 40%-plus market share ranks as the largest. Overall, Amadeus' GDS segment represented 56% of total prepandemic sales in 2019. Moreover, the company has an expanding IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and travel agency markets. Transaction fees, which are tied to volume and not price, account for the bulk of consolidated sales and profits.