Aeffe SpA (MIL:AEF) Cash, Cash Equivalents, Marketable Securities : €-32.3 Mil (As of Mar. 2024)

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What is Aeffe SpA Cash, Cash Equivalents, Marketable Securities?

Aeffe SpA's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (€11.27 Mil) to Dec. 2023 (€14.63 Mil) but then stayed the same from Dec. 2023 (€14.63 Mil) to Mar. 2024 (€-32.31 Mil).

Aeffe SpA's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (€31.31 Mil) to Dec. 2022 (€21.66 Mil) and declined from Dec. 2022 (€21.66 Mil) to Dec. 2023 (€14.63 Mil).

Aeffe SpA Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Aeffe SpA's Cash, Cash Equivalents, Marketable Securities 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.

Aeffe SpA Cash, Cash Equivalents, Marketable Securities Chart

Aeffe SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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28.39

39.83

31.31

21.66

14.63

Aeffe SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															15.03	22.39	11.27	14.63	-32.31

Aeffe SpA Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Aeffe SpA (MIL:AEF) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Aeffe SpA Cash, Cash Equivalents, Marketable Securities Related Terms

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Aeffe SpA (MIL:AEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aeffe SpA (MIL:AEF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

3A1:Germany

Address

Via Delle Querce, 51, San Giovanni in Marignano, Rimini, ITA, 47842

Website

https://www.aeffe.com

Aeffe SpA is an Italian company engaged in the designing, production, and distribution of fashion and luxury goods. The business activity of the firm is operated through two segments. The Pret-a Porter segment is engaged in the development of luxury ready-to-wear clothing and lingerie, beachwear, and loungewear collections. The Footwear and leather goods segment handles footwear, small leather goods, bags, and matching accessories made from exclusive materials. The products are offered under the brands like Alberta Ferretti, Philosophy, Moschino, and Pollini. Its geographical segments are Italy, Europe (excluding Italy), Asia and the rest of the world, and America.