Smartbroker Holding AG (XTER:SB1) Cash And Cash Equivalents : €21.32 Mil (As of Jun. 2023)

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What is Smartbroker Holding AG Cash And Cash Equivalents?

Smartbroker Holding AG's quarterly cash and cash equivalents increased from Jun. 2022 (€22.78 Mil) to Dec. 2022 (€27.37 Mil) but then stayed the same from Dec. 2022 (€27.37 Mil) to Jun. 2023 (€21.32 Mil).

Smartbroker Holding AG's annual cash and cash equivalents increased from Dec. 2020 (€14.07 Mil) to Dec. 2021 (€25.53 Mil) and increased from Dec. 2021 (€25.53 Mil) to Dec. 2022 (€27.37 Mil).

Smartbroker Holding AG Cash And Cash Equivalents Historical Data

The historical data trend for Smartbroker Holding AG'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.

Smartbroker Holding AG Cash And Cash Equivalents Chart

Smartbroker Holding AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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9.26

9.68

14.07

25.53

27.37

Smartbroker Holding AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial															30.93	25.53	22.78	27.37	21.32

Smartbroker Holding AG 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.

Smartbroker Holding AG (XTER:SB1) 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.

Smartbroker Holding AG Cash And Cash Equivalents Related Terms

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Smartbroker Holding AG (XTER:SB1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Smartbroker Holding AG (XTER:SB1) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SB1:Germany SB1:Germany SB1:Germany

Address

Ritterstrasse 11, Berlin, DEU, 10969

Website

https://www.smartbroker-holding.de

Smartbroker Holding AG operates as a trading portal. It offers information regarding market, economics and finance. The company also provides community news, commentary and analysis and security details to equities, commodities ETFs, funds and certificates.

Executives

André Kolbinger	Board of Directors
Marcus Seidel	Supervisory Board
René Krüger	Supervisory Board
Roland Nicklaus	Board of Directors

Smartbroker Holding AG (XTER:SB1) Headlines

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