Wacker Neuson SE (XTER:WAC) Cash And Cash Equivalents : €26 Mil (As of Mar. 2024)

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What is Wacker Neuson SE Cash And Cash Equivalents?

Wacker Neuson SE's quarterly cash and cash equivalents declined from Sep. 2023 (€28.40 Mil) to Dec. 2023 (€27.80 Mil) but then stayed the same from Dec. 2023 (€27.80 Mil) to Mar. 2024 (€26.20 Mil).

Wacker Neuson SE's annual cash and cash equivalents declined from Dec. 2021 (€305.50 Mil) to Dec. 2022 (€53.70 Mil) and declined from Dec. 2022 (€53.70 Mil) to Dec. 2023 (€27.80 Mil).

Wacker Neuson SE Cash And Cash Equivalents Historical Data

The historical data trend for Wacker Neuson SE'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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Wacker Neuson SE Cash And Cash Equivalents Chart

Wacker Neuson SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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46.30

283.10

305.50

53.70

27.80

Wacker Neuson SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															35.10	33.70	28.40	27.80	26.20

Wacker Neuson SE 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.

Wacker Neuson SE (XTER:WAC) 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.

Wacker Neuson SE Cash And Cash Equivalents Related Terms

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Wacker Neuson SE (XTER:WAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wacker Neuson SE (XTER:WAC) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

0K11:UK WAC:Austria

Address

Preussenstrasse 41, Munich, DEU, 80809

Website

https://www.wackerneusongroup.com

Wacker Neuson SE manufactures light and heavy equipment for construction, landscaping, agriculture, recycling, energy, and rail industries. Excavators, dumpers, loaders, concrete technology, generators, and saws make up just a portion of the company's product portfolio. Besides, the company offers attachments and accessories for products to help deliver optimal solutions. Wacker Neuson has three business segments: Compact Equipment (approximately half of the total revenue), Light Equipment, and Services. The company offers a range of services, spare parts, and rental equipment through sales and service stations strategically placed around the world. Europe generates the majority of total revenue, but the company also sells to customers in the Americas and Asia-Pacific.

Wacker Neuson SE (XTER:WAC) Headlines

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