Daimler Truck Holding AG (FRA:DTG) Cash And Cash Equivalents : €7,067 Mil (As of Dec. 2023)

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What is Daimler Truck Holding AG Cash And Cash Equivalents?

Daimler Truck Holding AG's quarterly cash and cash equivalents increased from Jun. 2023 (€7,906.00 Mil) to Sep. 2023 (€9,982.00 Mil) but then stayed the same from Sep. 2023 (€9,982.00 Mil) to Dec. 2023 (€7,067.00 Mil).

Daimler Truck Holding AG's annual cash and cash equivalents declined from Dec. 2021 (€7,244.00 Mil) to Dec. 2022 (€5,944.00 Mil) but then increased from Dec. 2022 (€5,944.00 Mil) to Dec. 2023 (€7,067.00 Mil).

Daimler Truck Holding AG Cash And Cash Equivalents Historical Data

The historical data trend for Daimler Truck Holding 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.

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Daimler Truck Holding AG Cash And Cash Equivalents Chart

Daimler Truck Holding AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,094.00

1,663.00

7,244.00

5,944.00

7,067.00

Daimler Truck Holding AG Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial											5,944.00	7,788.00	7,906.00	9,982.00	7,067.00

Daimler Truck Holding 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.

Daimler Truck Holding AG (FRA:DTG) 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.

Daimler Truck Holding AG Cash And Cash Equivalents Related Terms

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Daimler Truck Holding AG (FRA:DTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Daimler Truck Holding AG (FRA:DTG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

DTGHF:USA DTRUY:USA DTG:Romania DTGd:UK DTG1:Germany DTG:Germany DTG:Austria

Address

Fasanenweg 10, Leinfelden-Echterdingen, BW, DEU, 70771

Website

https://www.daimlertruck.com

Daimler Truck Holding AG is a commercial vehicle manufacturer. It operates through various brands including Bharat Benz, Freightliner, Fuso, Mercedes-Benz, Setra, Thomas Built Buses, and Western Star. Its products include Trucks, Buses, and Financial Services. The Group has five reportable segments: Trucks North America, Mercedes-Benz, Trucks Asia, Daimler Buses, and Financial Services. It generates maximum revenue from the Trucks North America segment. The Trucks North America segment develops, manufactures and sells trucks under the Freightliner and Western Star brands in North America. The segment's product range also includes buses of Thomas Built Buses as well as bus chassis.

Executives

Stephan Unger	Board of Directors
Jürgen Hartwig	Board of Directors
Dr. Andreas Gorbach	Board of Directors
John O’leary	Board of Directors
Jochen Götz	Board of Directors
Karl Deppen	Board of Directors
Thomas Martin Daum	Board of Directors
Martin Daum	Board of Directors

Daimler Truck Holding AG (FRA:DTG) Headlines

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