Arras Group SpA (MIL:AGU) Cash And Cash Equivalents : €0.05 Mil (As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Arras Group SpA Cash And Cash Equivalents?

Arras Group SpA's quarterly cash and cash equivalents increased from . 20 (€0.00 Mil) to Dec. 2021 (€0.01 Mil) and increased from Dec. 2021 (€0.01 Mil) to Dec. 2022 (€0.05 Mil).

Arras Group SpA's annual cash and cash equivalents increased from . 20 (€0.00 Mil) to Dec. 2021 (€0.01 Mil) and increased from Dec. 2021 (€0.01 Mil) to Dec. 2022 (€0.05 Mil).

Arras Group SpA Cash And Cash Equivalents Historical Data

The historical data trend for Arras Group SpA'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.

Arras Group SpA Cash And Cash Equivalents Chart

Arras Group SpA Annual Data

Trend

Dec21

Dec22

Cash And Cash Equivalents

0.01

0.05

Arras Group SpA Semi-Annual Data
	Dec21	Dec22
Cash And Cash Equivalents	0.01	0.05

Arras Group SpA 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.

Arras Group SpA (MIL:AGU) 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.

Arras Group SpA Cash And Cash Equivalents Related Terms

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

Arras Group SpA (MIL:AGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arras Group SpA (MIL:AGU) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

6ZU:Germany

Address

Largo Domodossola 7, Milan, ITA, 20145

Website

https://www.arrasgroupspa.com

Arras Group SpA is a technological real estate development company for second homes, which currently operates in the Sardinian territory (in particular, in the north and south of the island), and is aimed at both Italian and foreign high-income customers. The Real Estate Projects developed by the Group typically arise in prestigious seaside locations in Sardinia, with the possibility of enjoying large internal and external spaces, as usually requested by national and international buyers interested in buying second homes. Its projects include Cannigione Sunrise, I Villini del Poetto, Seaside Costa Paradiso, The Tower Calasetta, Castle View, and others.