Smart Good Things Holding (XPAR:MLSGT) Cash And Cash Equivalents : €0.39 Mil (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Smart Good Things Holding Cash And Cash Equivalents?

Smart Good Things Holding's quarterly cash and cash equivalents increased from Jun. 2022 (€0.00 Mil) to Dec. 2022 (€0.19 Mil) and increased from Dec. 2022 (€0.19 Mil) to Jun. 2023 (€0.39 Mil).

Smart Good Things Holding's annual cash and cash equivalents increased from . 20 (€0.00 Mil) to Dec. 2021 (€0.51 Mil) but then declined from Dec. 2021 (€0.51 Mil) to Dec. 2022 (€0.19 Mil).

Smart Good Things Holding Cash And Cash Equivalents Historical Data

The historical data trend for Smart Good Things Holding'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.

Smart Good Things Holding Cash And Cash Equivalents Chart

Smart Good Things Holding Annual Data

Trend

Dec21

Dec22

Cash And Cash Equivalents

0.51

0.19

Smart Good Things Holding Semi-Annual Data
	Jun22	Dec22	Jun23
Cash And Cash Equivalents	-	0.19	0.39

Smart Good Things Holding 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.

Smart Good Things Holding (XPAR:MLSGT) 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.

Smart Good Things Holding Cash And Cash Equivalents Related Terms

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

Smart Good Things Holding (XPAR:MLSGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Smart Good Things Holding SA (XPAR:MLSGT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Rue Bernard Palissy, Puteaux-la-Defense, FRA, 92800

Website

https://smartgoodthings.com

Smart Good Things Holding SA is a holding company organized mainly around two business segments namely production of powdered preparations for nutritional instant drinks and development of a concierge service platform dedicated to the elderly: a platform offering services related to assistance in the small daily tasks, food shopping, support in the daily procedures.

Smart Good Things Holding (XPAR:MLSGT) Headlines

No Headlines