Alcomet AD (XBUL:ALCM) Cash And Cash Equivalents : лв0.7 Mil (As of Dec. 2022)

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What is Alcomet AD Cash And Cash Equivalents?

Alcomet AD's quarterly cash and cash equivalents declined from Dec. 2020 (лв0.83 Mil) to Dec. 2021 (лв0.75 Mil) but then stayed the same from Dec. 2021 (лв0.75 Mil) to Dec. 2022 (лв0.71 Mil).

Alcomet AD's annual cash and cash equivalents declined from Dec. 2020 (лв0.83 Mil) to Dec. 2021 (лв0.75 Mil) and declined from Dec. 2021 (лв0.75 Mil) to Dec. 2022 (лв0.71 Mil).

Alcomet AD Cash And Cash Equivalents Historical Data

The historical data trend for Alcomet AD'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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Alcomet AD Cash And Cash Equivalents Chart

Alcomet AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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1.99

1.35

0.83

0.75

0.71

Alcomet AD Semi-Annual Data
	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Cash And Cash Equivalents	Get a 7-Day Free Trial											1.99	1.35	0.83	0.75	0.71

Alcomet AD 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.

Alcomet AD (XBUL:ALCM) 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.

Alcomet AD Cash And Cash Equivalents Related Terms

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Alcomet AD (XBUL:ALCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcomet AD (XBUL:ALCM) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Second Industrial Zone, Shumen, BGR, 9700

Website

https://www.alcomet.eu

Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

Alcomet AD (XBUL:ALCM) Headlines

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