GVS SpA (MIL:GVS) Cash And Cash Equivalents : €191.5 Mil (As of Dec. 2023)

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What is GVS SpA Cash And Cash Equivalents?

GVS SpA's quarterly cash and cash equivalents declined from Jun. 2023 (€132.41 Mil) to Sep. 2023 (€114.97 Mil) but then increased from Sep. 2023 (€114.97 Mil) to Dec. 2023 (€191.47 Mil).

GVS SpA's annual cash and cash equivalents declined from Dec. 2021 (€136.89 Mil) to Dec. 2022 (€135.17 Mil) but then increased from Dec. 2022 (€135.17 Mil) to Dec. 2023 (€191.47 Mil).

GVS SpA Cash And Cash Equivalents Historical Data

The historical data trend for GVS SpA'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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GVS SpA Cash And Cash Equivalents Chart

GVS SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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58.54

125.07

136.89

135.17

191.47

GVS SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															102.13	132.41	114.97	191.47	-

GVS SpA 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.

GVS SpA (MIL:GVS) 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.

GVS SpA Cash And Cash Equivalents Related Terms

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GVS SpA (MIL:GVS) Business Description

Industry

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Traded in Other Exchanges

0GV5:UK 4YQ:Germany

Address

Via Roma 50, Zola Predosa, Bologna, ITA, 40069

Website

https://www.gvs.com

GVS SpA is a manufacturer of filter solutions for applications in the Healthcare and Life Sciences, Energy and Mobility and Health and Safety sectors. Its products include healthcare liquid; healthcare air and gas; microfiltration; microbiology; environmental monitoring; disc and sheet membranes; molecular biology; technical documentation; fuel and diesel injector filters; ABS / ESP - braking filters; steering and transmission filters; fuel tank filters; ventilation membrane; throttle body; SCR tecnology - urea filter; among others.

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