Energy Solar Tech (XMAD:ETC) Cash, Cash Equivalents, Marketable Securities : €2.51 Mil (As of Dec. 2021)

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What is Energy Solar Tech Cash, Cash Equivalents, Marketable Securities?

Energy Solar Tech's quarterly cash, cash equivalents, marketable securities increased from . 20 (€0.00 Mil) to Dec. 2020 (€1.37 Mil) and increased from Dec. 2020 (€1.37 Mil) to Dec. 2021 (€2.51 Mil).

Energy Solar Tech's annual cash, cash equivalents, marketable securities increased from . 20 (€0.00 Mil) to Dec. 2020 (€1.37 Mil) and increased from Dec. 2020 (€1.37 Mil) to Dec. 2021 (€2.51 Mil).

Energy Solar Tech Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Energy Solar Tech'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.

Energy Solar Tech Cash, Cash Equivalents, Marketable Securities Chart

Energy Solar Tech Annual Data

Trend

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

1.37

2.51

Energy Solar Tech Semi-Annual Data
	Dec20	Dec21
Cash, Cash Equivalents, Marketable Securities	1.37	2.51

Energy Solar Tech 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.

Energy Solar Tech (XMAD:ETC) 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.

Energy Solar Tech Cash, Cash Equivalents, Marketable Securities Related Terms

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Energy Solar Tech (XMAD:ETC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energy Solar Tech SA (XMAD:ETC) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

DH4:Germany

Address

C/ Ruso, 18, Las Rozas de Madrid, Madrid, ESP, 28290

Website

https://www.energysolartech.com

Energy Solar Tech SA is a technology company in the energy sector whose mission is to facilitate the migration of companies to renewable energies, The company offers its clients energy generation and efficiency technologies through its offer of energy Outsourcing services under the Energy As A Service model.

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