Global Blue Group Holding AG (Global Blue Group Holding AG) Cash And Cash Equivalents : $110.6 Mil (As of Dec. 2023)

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What is Global Blue Group Holding AG Cash And Cash Equivalents?

Global Blue Group Holding AG's quarterly cash and cash equivalents increased from Jun. 2023 ($197.39 Mil) to Sep. 2023 ($236.51 Mil) but then stayed the same from Sep. 2023 ($236.51 Mil) to Dec. 2023 ($110.60 Mil).

Global Blue Group Holding AG's annual cash and cash equivalents declined from Mar. 2021 ($217.60 Mil) to Mar. 2022 ($56.26 Mil) but then increased from Mar. 2022 ($56.26 Mil) to Mar. 2023 ($257.54 Mil).

Global Blue Group Holding AG Cash And Cash Equivalents Historical Data

The historical data trend for Global Blue Group Holding 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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Global Blue Group Holding AG Cash And Cash Equivalents Chart

Global Blue Group Holding AG Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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117.60

249.88

217.60

56.26

257.54

Global Blue Group Holding AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															247.31	257.54	197.39	236.51	110.60

Global Blue Group Holding 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.

Global Blue Group Holding AG (NYSE:GB) 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.

Global Blue Group Holding AG Cash And Cash Equivalents Related Terms

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Global Blue Group Holding AG (Global Blue Group Holding AG) Business Description

Industry

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Address

Zurichstrasse 38, Bruttisellen, CHE, 8306

Website

https://www.globalblue.com

Global Blue Group Holding AG offers a seamless shopping and payment journey for tourists and also provides a wide range of Added-Value Payment Solutions for all the stakeholders involved, including retailers and international shoppers. The company operates into three business segments: TFSS, AVPS and RTS.