Volkswagen AG (XTER:VOW3) Cash And Cash Equivalents : €43,449 Mil (As of Dec. 2023)

View and export this data going back to 1961. Start your Free Trial

What is Volkswagen AG Cash And Cash Equivalents?

Volkswagen AG's quarterly cash and cash equivalents increased from Jun. 2023 (€37,129.00 Mil) to Sep. 2023 (€45,662.00 Mil) but then stayed the same from Sep. 2023 (€45,662.00 Mil) to Dec. 2023 (€43,449.00 Mil).

Volkswagen AG's annual cash and cash equivalents declined from Dec. 2021 (€39,724.00 Mil) to Dec. 2022 (€29,172.00 Mil) but then increased from Dec. 2022 (€29,172.00 Mil) to Dec. 2023 (€43,449.00 Mil).

Volkswagen AG Cash And Cash Equivalents Historical Data

The historical data trend for Volkswagen 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.

Volkswagen AG Cash And Cash Equivalents Chart

Volkswagen AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

25,923.00

33,910.00

39,724.00

29,172.00

43,449.00

Volkswagen AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															29,172.00	36,247.00	37,129.00	45,662.00	43,449.00

Volkswagen 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.

Volkswagen AG (XTER:VOW3) 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.

Volkswagen AG Cash And Cash Equivalents Related Terms

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

Volkswagen AG (XTER:VOW3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volkswagen AG (XTER:VOW3) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

VWAPY:USA VLKPF:USA VWAGY:USA VLKAF:USA VOW:Poland VOW3N:Mexico VOW3:Italy VOLKSWAGEN:Hungary VOW3d:UK 0P6O:UK 0P6N:UK VOW:Germany VOW:Czech Republic VOW:Austria

Address

Berliner Ring 2, Wolfsburg, NI, DEU, 38440

Website

https://www.volkswagenag.com

Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

Executives

Oliver Blume

Board of Directors

Volkswagen AG (XTER:VOW3) Headlines

No Headlines