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Lanvin Group Holdings (Lanvin Group Holdings) Cash, Cash Equivalents, Marketable Securities : $30.7 Mil (As of Dec. 2023)


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What is Lanvin Group Holdings Cash, Cash Equivalents, Marketable Securities?

Lanvin Group Holdings's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 ($97.35 Mil) to Jun. 2023 ($33.42 Mil) but then stayed the same from Jun. 2023 ($33.42 Mil) to Dec. 2023 ($30.68 Mil).

Lanvin Group Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($100.19 Mil) to Dec. 2022 ($97.35 Mil) and declined from Dec. 2022 ($97.35 Mil) to Dec. 2023 ($30.68 Mil).

Lanvin Group Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Lanvin Group Holdings's Cash, Cash Equivalents, Marketable Securities 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.

Lanvin Group Holdings Cash, Cash Equivalents, Marketable Securities Chart

Lanvin Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
54.67 100.19 97.35 30.68

Lanvin Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial 100.19 53.83 97.35 33.42 30.68

Lanvin Group Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Lanvin Group Holdings  (NYSE:LANV) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Lanvin Group Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Lanvin Group Holdings (Lanvin Group Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lanvin Group Holdings Ltd (NYSE:LANV) » Definitions » Cash, Cash Equivalents, Marketable Securities
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Traded in Other Exchanges
N/A
Address
600 Zhongshan Road East No.2, 3701-02, Tower S2, Bund Finance Center, Shanghai, CHN, 200010
Website
https://www.lanvin.com
Lanvin Group Holdings Ltd engages in offering products ranging from apparel to leather goods, footwear, and accessories. The firm is operating mainly 5 portfolio brands, namely Lanvin, Wolford, Sergio Rossi, St. John, and Caruso. It derives the majority of its revenue from the Lanvin segment.