Parx Materials NV (XPAR:MLPRX) Cash And Cash Equivalents : €0.00 Mil (As of Dec. 2022)

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What is Parx Materials NV Cash And Cash Equivalents?

Parx Materials NV's quarterly cash and cash equivalents declined from Dec. 2020 (€0.27 Mil) to Dec. 2021 (€0.02 Mil) but then stayed the same from Dec. 2021 (€0.02 Mil) to Dec. 2022 (€0.00 Mil).

Parx Materials NV's annual cash and cash equivalents declined from Dec. 2020 (€0.27 Mil) to Dec. 2021 (€0.02 Mil) and declined from Dec. 2021 (€0.02 Mil) to Dec. 2022 (€0.00 Mil).

Parx Materials NV Cash And Cash Equivalents Historical Data

The historical data trend for Parx Materials NV'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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Parx Materials NV Cash And Cash Equivalents Chart

Parx Materials NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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0.11

0.04

0.27

0.02

Parx Materials NV Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.11	0.04	0.27	0.02	-

Parx Materials NV 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.

Parx Materials NV (XPAR:MLPRX) 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.

Parx Materials NV Cash And Cash Equivalents Related Terms

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Parx Materials NV (XPAR:MLPRX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Parx Materials NV (XPAR:MLPRX) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Goudsesingel 96 (Unit 1.7), Rotterdam, NLD, 3011 KD

Website

https://www.parxmaterials.com

Parx Materials NV is a holding company. It is engaged in developing, manufacturing, and marketing biocompatible plastics and antibacterial polymers. The company through its patented process is integrating it in plastics improving the material's characteristics to protect the surface from bacteria, molds, and fungi. Its technology does not impact any of the original features of the material and the antibacterial property lasts a lifetime. The company's technology can be used for roughly any application, for example for toilet seats, mobile phones, light switches, hospital beds, medical devices, remote controls, door handles, refrigerators, and packaging materials.

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