Grab2Go AS (OTSE:GRB2G) Cash And Cash Equivalents : €0.28 Mil (As of Jun. 2023)

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What is Grab2Go AS Cash And Cash Equivalents?

Grab2Go AS's quarterly cash and cash equivalents increased from Jun. 2022 (€0.00 Mil) to Dec. 2022 (€0.17 Mil) and increased from Dec. 2022 (€0.17 Mil) to Jun. 2023 (€0.28 Mil).

Grab2Go AS's annual cash and cash equivalents increased from . 20 (€0.00 Mil) to Dec. 2021 (€0.01 Mil) and increased from Dec. 2021 (€0.01 Mil) to Dec. 2022 (€0.17 Mil).

Grab2Go AS Cash And Cash Equivalents Historical Data

The historical data trend for Grab2Go AS'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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Grab2Go AS Cash And Cash Equivalents Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Cash And Cash Equivalents

0.01

0.17

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Cash And Cash Equivalents	-	0.17	0.28

Grab2Go AS 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.

Grab2Go AS (OTSE:GRB2G) 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.

Grab2Go AS Cash And Cash Equivalents Related Terms

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Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

Grab2Go AS (OTSE:GRB2G) Headlines

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