SPORTTOTAL AG (XTER:WIG1) Cash And Cash Equivalents : €1.09 Mil (As of Dec. 2023)

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What is SPORTTOTAL AG Cash And Cash Equivalents?

SPORTTOTAL AG's quarterly cash and cash equivalents declined from Dec. 2022 (€3.11 Mil) to Jun. 2023 (€1.38 Mil) but then stayed the same from Jun. 2023 (€1.38 Mil) to Dec. 2023 (€1.09 Mil).

SPORTTOTAL AG's annual cash and cash equivalents increased from Dec. 2021 (€1.94 Mil) to Dec. 2022 (€3.11 Mil) but then declined from Dec. 2022 (€3.11 Mil) to Dec. 2023 (€1.09 Mil).

SPORTTOTAL AG Cash And Cash Equivalents Historical Data

The historical data trend for SPORTTOTAL 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.

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SPORTTOTAL AG Cash And Cash Equivalents Chart

SPORTTOTAL AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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5.06

1.90

1.94

3.11

1.09

SPORTTOTAL AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.94	1.46	3.11	1.38	1.09

SPORTTOTAL 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.

SPORTTOTAL AG (XTER:WIG1) 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.

SPORTTOTAL AG Cash And Cash Equivalents Related Terms

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SPORTTOTAL AG (XTER:WIG1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » SPORTTOTAL AG (XTER:WIG1) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

WIG1:Germany WIG1:Germany

Address

Am Coloneum 2, Köln, DEU, 50829

Website

http://www.sporttotal.com

SPORTTOTAL AG is a Germany-based company. It is engaged in the sports and entertainment media sectors. The company offers range of products includes outside television broadcast, rental and racing services, television and film production, editorial, graphic and result services, high-end technology, live events and television marketing.

SPORTTOTAL AG (XTER:WIG1) Headlines

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