Revenga Ingenieros (XMAD:RSS) Cash, Cash Equivalents, Marketable Securities : €5.74 Mil (As of Jun. 2024)

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What is Revenga Ingenieros Cash, Cash Equivalents, Marketable Securities?

Revenga Ingenieros's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 (€0.00 Mil) to Dec. 2023 (€4.71 Mil) and increased from Dec. 2023 (€4.71 Mil) to Jun. 2024 (€5.74 Mil).

Revenga Ingenieros's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (€6.71 Mil) to Dec. 2022 (€5.22 Mil) and declined from Dec. 2022 (€5.22 Mil) to Dec. 2023 (€4.71 Mil).

Revenga Ingenieros Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Revenga Ingenieros'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.

* Premium members only.

Revenga Ingenieros Cash, Cash Equivalents, Marketable Securities Chart

Revenga Ingenieros Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

5.28

6.71

5.22

4.71

Revenga Ingenieros Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			6.71	5.22	-	4.71	5.74

Revenga Ingenieros 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.

Revenga Ingenieros (XMAD:RSS) 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.

Revenga Ingenieros Cash, Cash Equivalents, Marketable Securities Related Terms

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Revenga Ingenieros Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Revenga Ingenieros SA (XMAD:RSS) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

O8T:Germany

Address

Calle Fragua 6, Tres Cantos, Madrid, ESP, 28760

Website

https://www.revenga.com

Revenga Ingenieros SA is a company engaged in the development of comprehensive solutions for telecommunications, information technologies, electronic security and railway systems. The technologies that support the company's activity are grouped into four parts such as Railway systems includes point heaters, level crossing protection, train monitoring systems, etc, Telecommunications networks includes implementing all types of telecommunications networks, both passive elements and equipment (SDH, DWDM, MPLS, WIFI/WIMAX, LTE, etc.). Information technologies provides voice, data and video solutions and Electronic security involves access management and detection through RFID, video surveillance, video analysis, biometrics, vehicle identification, detector systems, etc.

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