GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Financiere Marjos (XPAR:FINM) » Definitions » Cash And Cash Equivalents

Financiere Marjos (XPAR:FINM) Cash And Cash Equivalents : €0.01 Mil (As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Financiere Marjos Cash And Cash Equivalents?

Financiere Marjos's quarterly cash and cash equivalents increased from Dec. 2022 (€0.00 Mil) to Jun. 2023 (€0.03 Mil) but then stayed the same from Jun. 2023 (€0.03 Mil) to Dec. 2023 (€0.01 Mil).

Financiere Marjos's annual cash and cash equivalents stayed the same from Dec. 2021 (€0.00 Mil) to Dec. 2022 (€0.00 Mil) but then increased from Dec. 2022 (€0.00 Mil) to Dec. 2023 (€0.01 Mil).

Financiere Marjos Cash And Cash Equivalents Historical Data

The historical data trend for Financiere Marjos'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.

Financiere Marjos Cash And Cash Equivalents Chart

Financiere Marjos Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 - - 0.01

Financiere Marjos Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Mar15 Mar16 Mar17 Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.03 0.01

Financiere Marjos 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.

Financiere Marjos  (XPAR:FINM) 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.

Financiere Marjos Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Financiere Marjos's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Financiere Marjos (XPAR:FINM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Financiere Marjos (XPAR:FINM) » Definitions » Cash And Cash Equivalents
Comparable Companies
XPAR:ALTHO XPAR:ALWEC XPAR:ALINN XPAR:BIG XPAR:ALLOG XPAR:ALTXC XPAR:ALNTG ADX:IHC HON TSE:6501 TSE:8058 TSE:8031 TSE:8001 MMM TSE:8002 ADX:ALPHADHABI TSE:8053 HKSE:00267 TSE:4901 TSE:8015
Traded in Other Exchanges
N/A
Address
112, avenue Kleber, Paris, FRA, 75116
Website
http://www.financiere-marjos.com
Financiere Marjos specializes in the creating, installing, acquiring, and operating, all types of manufacturing, sales, leasing, and service companies, with no limitations or restrictions, in all branches of industry and commerce. It is also engaged in financial, administrative and IT management in general and the administration of its buildings.