Essilorluxottica (Essilorluxottica) Cash And Cash Equivalents : $2,790 Mil (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Essilorluxottica Cash And Cash Equivalents?

Essilorluxottica's quarterly cash and cash equivalents declined from Dec. 2022 ($2,076.27 Mil) to Jun. 2023 ($1,828.82 Mil) but then increased from Jun. 2023 ($1,828.82 Mil) to Dec. 2023 ($2,789.53 Mil).

Essilorluxottica's annual cash and cash equivalents declined from Dec. 2021 ($3,720.90 Mil) to Dec. 2022 ($2,076.27 Mil) but then increased from Dec. 2022 ($2,076.27 Mil) to Dec. 2023 ($2,789.53 Mil).

Essilorluxottica Cash And Cash Equivalents Historical Data

The historical data trend for Essilorluxottica'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.

Essilorluxottica Cash And Cash Equivalents Chart

Essilorluxottica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

5,373.33

10,563.26

3,720.90

2,076.27

2,789.53

Essilorluxottica 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															3,720.90	3,958.77	2,076.27	1,828.82	2,789.53

Essilorluxottica 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.

Essilorluxottica (OTCPK:ESLOY) 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.

Essilorluxottica Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Essilorluxottica's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Essilorluxottica (Essilorluxottica) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Essilorluxottica (OTCPK:ESLOY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ESLOF:USA EL:Italy ELp:UK 0OMK:UK EL:France ESL:Germany ESLC:Germany ESL:Germany ESL:Germany ESL:Germany EI:Austria

Address

147, Rue de Paris, Charenton-Le-Pont, Paris, FRA, 94220

Website

https://www.essilorluxottica.com

EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest player in their respective fields and command over 15% of the fragmented global eyewear market. The company has a broad geographical presence, with around 36% of sales in Europe, 47% in North America, and the rest in Asia and Latin America.

Essilorluxottica (Essilorluxottica) Headlines

From GuruFocus

As Myopia Rates Rise in the U.S., Essilor of America Launches Initiative to Help Combat Growing Vision Issue

By PRNewswire PRNewswire • 09-20-2018

Chris Davis Comments on Essilor International SA

By Vera Yuan Vera Yuan • 09-09-2014

Dan Loeb Buys David Herro Stock EssilorLuxottica

By Holly LaFon Holly LaFon • 08-26-2019

TOCQUEVILLE ASSET MANAGEMENT L.P. Cuts Portfolio Down to Size in 1st Quarter

By GuruFocus Research GuruFocus Editor • 05-19-2022

Daniel Loeb Comments on EssilorLuxottica

By Sydnee Gatewood Sydnee Gatewood • 04-22-2020

Daniel Loeb Comments on EssilorLuxottica

By Sydnee Gatewood Sydnee Gatewood • 10-24-2019