Glunz & Jensen Holding A/S (OCSE:GJ) Cash And Cash Equivalents : kr1.3 Mil (As of Dec. 2023)

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What is Glunz & Jensen Holding A/S Cash And Cash Equivalents?

Glunz & Jensen Holding A/S's quarterly cash and cash equivalents declined from Sep. 2022 (kr2.10 Mil) to Jun. 2023 (kr1.30 Mil) but then increased from Jun. 2023 (kr1.30 Mil) to Dec. 2023 (kr1.31 Mil).

Glunz & Jensen Holding A/S's annual cash and cash equivalents increased from Mar. 2021 (kr0.85 Mil) to Mar. 2022 (kr1.05 Mil) and increased from Mar. 2022 (kr1.05 Mil) to Dec. 2023 (kr1.31 Mil).

Glunz & Jensen Holding A/S Cash And Cash Equivalents Historical Data

The historical data trend for Glunz & Jensen Holding A/S'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.

Glunz & Jensen Holding A/S Cash And Cash Equivalents Chart

Glunz & Jensen Holding A/S Annual Data

Trend

May13

May14

May15

May16

May17

Mar19

Mar20

Mar21

Mar22

Dec23

Cash And Cash Equivalents

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1.59

1.44

0.85

1.05

1.31

Glunz & Jensen Holding A/S Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.00	1.05	2.10	1.30	1.31

Glunz & Jensen Holding A/S 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.

Glunz & Jensen Holding A/S (OCSE:GJ) 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.

Glunz & Jensen Holding A/S Cash And Cash Equivalents Related Terms

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Glunz & Jensen Holding A/S (OCSE:GJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Glunz & Jensen Holding A/S (OCSE:GJ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Selandia Park 1, Ringsted, DNK, DK-4100

Website

https://www.glunz-jensen.com

Glunz & Jensen Holding A/S is active in the press industry. The company sells and develops hardware, where production is controlled from the company's facilities around Europe, the USA, and China. In addition to press services, the company provides aftermarket services and related products, including assembly tables and display units. The company is headquartered in Ringsted. Product area Flexo and Product area Offset, are both part of the Prepress market. All products and services are connected to setters and printing equipment. Geographically, the majority is from the EMEA (Europe, Middle East, Africa).

Glunz & Jensen Holding A/S (OCSE:GJ) Headlines

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