Mmcite AS (XPRA:MMCTE) Cash, Cash Equivalents, Marketable Securities : Kč29.7 Mil (As of Dec. 2022)

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What is Mmcite AS Cash, Cash Equivalents, Marketable Securities?

Mmcite AS's quarterly cash, cash equivalents, marketable securities stayed the same from . 20 (Kč0.00 Mil) to . 20 (Kč0.00 Mil) but then increased from . 20 (Kč0.00 Mil) to Dec. 2022 (Kč29.74 Mil).

Mmcite AS's annual cash, cash equivalents, marketable securities increased from . 20 (Kč0.00 Mil) to Dec. 2022 (Kč29.74 Mil) but then declined from Dec. 2022 (Kč29.74 Mil) to Dec. 2023 (Kč6.72 Mil).

Mmcite AS Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Mmcite AS'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.

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Mmcite AS Cash, Cash Equivalents, Marketable Securities Chart

Mmcite AS Annual Data

Trend

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

29.74

6.72

Mmcite AS Quarterly Data
	Dec22	Dec23
Cash, Cash Equivalents, Marketable Securities	29.74	6.72

Mmcite AS 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.

Mmcite AS (XPRA:MMCTE) 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.

Mmcite AS Cash, Cash Equivalents, Marketable Securities Related Terms

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Mmcite AS (XPRA:MMCTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mmcite AS (XPRA:MMCTE) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vinohradská 907, Ma?atice, Uherské Hradište, CZE, 686 05

Website

https://www.mmcite.com

Mmcite AS is a company that specializes in design and construction projects for public spaces. Their range of products and services includes the design and realization of both transportation terminals and street furniture, for example such as benches, litter bins, rails and cycle stands. Within the industry of street furniture, it is one of the first manufactures in the world to introduce products created by 3D concrete printing.

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