Nerds On Site (FRA:3NS) Cash And Cash Equivalents : €0.11 Mil (As of Feb. 2024)

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What is Nerds On Site Cash And Cash Equivalents?

Nerds On Site's quarterly cash and cash equivalents stayed the same from Aug. 2023 (€0.15 Mil) to Nov. 2023 (€0.15 Mil) and stayed the same from Nov. 2023 (€0.15 Mil) to Feb. 2024 (€0.11 Mil).

Nerds On Site's annual cash and cash equivalents declined from May. 2021 (€0.27 Mil) to May. 2022 (€0.21 Mil) and declined from May. 2022 (€0.21 Mil) to May. 2023 (€0.14 Mil).

Nerds On Site Cash And Cash Equivalents Historical Data

The historical data trend for Nerds On Site'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.

Nerds On Site Cash And Cash Equivalents Chart

Nerds On Site Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

Cash And Cash Equivalents

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0.10

0.21

0.27

0.21

0.14

Nerds On Site Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.13	0.14	0.15	0.15	0.11

Nerds On Site 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.

Nerds On Site (FRA:3NS) 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.

Nerds On Site Cash And Cash Equivalents Related Terms

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Nerds On Site (FRA:3NS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerds On Site Inc (FRA:3NS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

NOSUF:USA 3NS:Germany NERD:Canada

Address

4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7

Website

https://www.nerdsonsite.com

Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions. Its revenue is principally derived from service fees charged for consulting services performed by the consultants and the sale of off-the-shelf software, hardware, and related support.

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