The Azur Selection (XPAR:MLAZR) Cash And Cash Equivalents : €0.45 Mil (As of Dec. 2023)

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What is The Azur Selection Cash And Cash Equivalents?

The Azur Selection's quarterly cash and cash equivalents increased from Dec. 2022 (€0.08 Mil) to Jun. 2023 (€1.09 Mil) but then stayed the same from Jun. 2023 (€1.09 Mil) to Dec. 2023 (€0.45 Mil).

The Azur Selection's annual cash and cash equivalents declined from Dec. 2021 (€0.37 Mil) to Dec. 2022 (€0.08 Mil) but then increased from Dec. 2022 (€0.08 Mil) to Dec. 2023 (€0.45 Mil).

The Azur Selection Cash And Cash Equivalents Historical Data

The historical data trend for The Azur Selection'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.

The Azur Selection Cash And Cash Equivalents Chart

The Azur Selection Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.36

0.37

0.08

0.45

The Azur Selection Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.37	0.39	0.08	1.09	0.45

The Azur Selection 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.

The Azur Selection (XPAR:MLAZR) 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.

The Azur Selection Cash And Cash Equivalents Related Terms

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The Azur Selection (XPAR:MLAZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Azur Selection SA (XPAR:MLAZR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Stratarchou Alexandrou Papagou Str., Voula, GRC, 16673

Website

https://www.azurselection.com

The Azur Selection SA is a real estate investment company, with interests in hospitality in Greece and the South of France. Its objective is to progressively become a majorly holding company in the field of hotel and hospitality investments and real estate both in Greece and France by providing excellent hospitality services and offering a range of special experiences to its customers.

The Azur Selection (XPAR:MLAZR) Headlines

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