Codon AG (CHIX:CNWKD) Cash And Cash Equivalents : €1.29 Mil (As of Jun. 2022)

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What is Codon AG Cash And Cash Equivalents?

Codon AG's quarterly cash and cash equivalents increased from Jun. 2021 (€3.48 Mil) to Dec. 2021 (€6.54 Mil) but then stayed the same from Dec. 2021 (€6.54 Mil) to Jun. 2022 (€1.29 Mil).

Codon AG's annual cash and cash equivalents increased from Dec. 2019 (€4.04 Mil) to Dec. 2020 (€9.13 Mil) but then declined from Dec. 2020 (€9.13 Mil) to Dec. 2021 (€6.54 Mil).

Codon AG Cash And Cash Equivalents Historical Data

The historical data trend for Codon 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.

* Premium members only.

Codon AG Cash And Cash Equivalents Chart

Codon AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

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12.62

10.22

4.04

9.13

6.54

Codon AG Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Cash And Cash Equivalents	Get a 7-Day Free Trial															6.34	9.13	3.48	6.54	1.29

Codon 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.

Codon AG (CHIX:CNWKd) 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.

Codon AG Cash And Cash Equivalents Related Terms

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Codon AG (CHIX:CNWKD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Codon AG (CHIX:CNWKd) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Warthestrasse 21, Teltow, DEU, 14513

Website

http://www.codon.de

Codon AG develops, produces and distributes autologous cell therapies for the minimally invasive repair of cartilage defects. The product being marketed is a cell therapy product for the minimally invasive treatment of cartilage damage in the knee joint that uses only the patient's own cartilage cells (autologous chondrocytes). CODON's method is currently used in over 200 clinics in Germany and more than 14,000 patients have already been treated.

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