Sogeclair (XPAR:ALSOG) Cash And Cash Equivalents : €18.9 Mil (As of Dec. 2023)

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What is Sogeclair Cash And Cash Equivalents?

Sogeclair's quarterly cash and cash equivalents increased from Dec. 2022 (€18.62 Mil) to Jun. 2023 (€21.42 Mil) but then stayed the same from Jun. 2023 (€21.42 Mil) to Dec. 2023 (€18.90 Mil).

Sogeclair's annual cash and cash equivalents declined from Dec. 2021 (€27.84 Mil) to Dec. 2022 (€18.62 Mil) but then increased from Dec. 2022 (€18.62 Mil) to Dec. 2023 (€18.90 Mil).

Sogeclair Cash And Cash Equivalents Historical Data

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

Sogeclair Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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18.96

45.88

27.84

18.62

18.90

Sogeclair Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															27.84	23.79	18.62	21.42	18.90

Sogeclair 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.

Sogeclair (XPAR:ALSOG) 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.

Sogeclair Cash And Cash Equivalents Related Terms

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Sogeclair (XPAR:ALSOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Sogeclair SA (XPAR:ALSOG) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

2U0:Germany

Address

7, avenue Albert Durand, BP 20069, Blagnac Cedex, Toulouse, FRA, 31700

Website

https://www.sogeclair.com

Sogeclair SA an engineering and manufacturing company, accomplishes design and co-development projects for industrial accounts and develops simulation and virtual reality solutions. It operates in Aerospace, Vehicle, and Simulation divisions. The Aerospace division develops configuration management, as well as is involved in operational quality and processes, and tools consulting and support activities. The Vehicle division engages in the areas of engineering for the design and production of civilian and military vehicles. The Simulation division develops and provides solutions in the area of research, design, and training simulators, as well as offers simulation workshops and software.

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