Msg Life AG (HAM:MSGL) Cash And Cash Equivalents : €6.9 Mil (As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Msg Life AG Cash And Cash Equivalents?

Msg Life AG's quarterly cash and cash equivalents declined from Dec. 2020 (€22.91 Mil) to Dec. 2021 (€17.86 Mil) but then stayed the same from Dec. 2021 (€17.86 Mil) to Dec. 2022 (€6.87 Mil).

Msg Life AG's annual cash and cash equivalents declined from Dec. 2020 (€22.91 Mil) to Dec. 2021 (€17.86 Mil) and declined from Dec. 2021 (€17.86 Mil) to Dec. 2022 (€6.87 Mil).

Msg Life AG Cash And Cash Equivalents Historical Data

The historical data trend for Msg Life AG's Cash And Cash Equivalents 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.

Msg Life AG Cash And Cash Equivalents Chart

Msg Life AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

28.23

13.45

22.91

17.86

6.87

Msg Life AG Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Cash And Cash Equivalents	Get a 7-Day Free Trial													28.23	13.45	22.91	17.86	6.87

Msg Life AG Cash And Cash Equivalents 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.

Msg Life AG (HAM:MSGL) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Msg Life AG Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Msg Life AG's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Msg Life AG (HAM:MSGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Msg Life AG (HAM:MSGL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Humboldtstrasse 35, Leinfelden-Echterdingen, BW, DEU, 70771

Website

https://www.msg-life.com

Msg Life AG is a Germany-based company. It is a consultant and software company for the insurance and retirement savings market. It is a provider of software, advice, and cloud solutions for life insurance companies and pension fund institutions in Europe and, in particular, health insurance companies in the United States. The company's products and services include msg. Life Factory, msg.Insurance Suite, msg.Migration System, msg.Health Factory, msg.The commission, msg.Business Partner, msg.Billing, and others. Geographically, the company exports its services to the United States of America, Austria, Switzerland, Slovenia, Portugal, Poland, and Benelux.

Msg Life AG (HAM:MSGL) Headlines

No Headlines