Prosegur Cash (XMAD:CASH) Cash And Cash Equivalents : €249 Mil (As of Dec. 2023)

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What is Prosegur Cash Cash And Cash Equivalents?

Prosegur Cash's quarterly cash and cash equivalents increased from Jun. 2023 (€267.73 Mil) to Sep. 2023 (€291.60 Mil) but then stayed the same from Sep. 2023 (€291.60 Mil) to Dec. 2023 (€248.80 Mil).

Prosegur Cash's annual cash and cash equivalents increased from Dec. 2021 (€250.80 Mil) to Dec. 2022 (€315.65 Mil) but then declined from Dec. 2022 (€315.65 Mil) to Dec. 2023 (€248.80 Mil).

Prosegur Cash Cash And Cash Equivalents Historical Data

The historical data trend for Prosegur Cash'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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Prosegur Cash Cash And Cash Equivalents Chart

Prosegur Cash Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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307.42

401.77

250.80

315.65

248.80

Prosegur Cash Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															315.65	286.30	267.73	291.60	248.80

Prosegur Cash 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.

Prosegur Cash (XMAD:CASH) 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.

Prosegur Cash Cash And Cash Equivalents Related Terms

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Prosegur Cash (XMAD:CASH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Prosegur Cash SA (XMAD:CASH) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PGUCY:USA PGUUF:USA CASHN:Mexico CASHe:UK 0RNO:UK PQN:Germany

Address

Calle Santa Sabina, 8, Madrid, ESP, 28007

Website

https://www.prosegurcash.com

Prosegur Cash SA is engaged in the transit business and the outsourcing of services to financial institutions, retail establishments, government agencies and central banks, national mints, jewelers and other business activities around the world. The company's business lines can be categorized into Transport, Cash management, and New Products such as Automation of payments in shops using self-service cash machines, among others. The Business Divisions of the company are divided into three geographical segments: Europe, Asia-Oceania-Africa (AOA) and Ibero-America. The majority of the revenue is generated from the Ibero-America segment.