Omer SpA (MIL:OMER) Cash, Cash Equivalents, Marketable Securities : €22.51 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Omer SpA Cash, Cash Equivalents, Marketable Securities?

Omer SpA's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (€13.78 Mil) to Jun. 2023 (€20.35 Mil) and increased from Jun. 2023 (€20.35 Mil) to Dec. 2023 (€22.51 Mil).

Omer SpA's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (€25.32 Mil) to Dec. 2022 (€13.78 Mil) but then increased from Dec. 2022 (€13.78 Mil) to Dec. 2023 (€22.51 Mil).

Omer SpA Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Omer SpA'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.

Omer SpA Cash, Cash Equivalents, Marketable Securities Chart

Omer SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

5.72

5.06

25.32

13.78

22.51

Omer SpA Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial				25.32	21.20	13.78	20.35	22.51

Omer SpA 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.

Omer SpA (MIL:OMER) 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.

Omer SpA Cash, Cash Equivalents, Marketable Securities Related Terms

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

Omer SpA (MIL:OMER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Omer SpA (MIL:OMER) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

9WR:Germany

Address

Via Foresto, 42, Susegana, ITA, 31058

Website

https://www.omerspa.com

Omer SpA is engaged in the design, production and sale of power tools and the relevant fasteners. Its products include Pneumatic tools and fasteners, Industrial staples under the brand's More, Omer USA, Omer Hungary, Velo, Rapter, Black Magic among others.