SBEV.WS (Splash Beverage Group) Cash And Cash Equivalents : $0.46 Mil (As of Sep. 2024)

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What is Splash Beverage Group Cash And Cash Equivalents?

Splash Beverage Group's quarterly cash and cash equivalents declined from Mar. 2024 ($0.02 Mil) to Jun. 2024 ($0.01 Mil) but then increased from Jun. 2024 ($0.01 Mil) to Sep. 2024 ($0.46 Mil).

Splash Beverage Group's annual cash and cash equivalents increased from Dec. 2021 ($4.18 Mil) to Dec. 2022 ($4.43 Mil) but then declined from Dec. 2022 ($4.43 Mil) to Dec. 2023 ($0.38 Mil).

Splash Beverage Group Cash And Cash Equivalents Historical Data

The historical data trend for Splash Beverage Group'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.

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Splash Beverage Group Cash And Cash Equivalents Chart

Splash Beverage Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.02

0.38

4.18

4.43

0.38

Splash Beverage Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.10	0.38	0.02	0.01	0.46

Splash Beverage Group 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.

Splash Beverage Group (AMEX:SBEV.WS) 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.

Splash Beverage Group Cash And Cash Equivalents Related Terms

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Splash Beverage Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Splash Beverage Group Inc (AMEX:SBEV.WS) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

SBEV:USA

Address

1314 East Las Olas Boulevard, Suite 221, Fort Lauderdale, FL, USA, 33301

Website

https://www.splashbeveragegroup.com

Splash Beverage Group Inc is a portfolio company managing multiple brands across several growth segments within the consumer beverage industry. The company's two reportable operating segments are: (1) the manufacture and distribution of non-alcoholic and alcoholic beverages, and (2) the retail sale of beverages and groceries online. The company generates the majority of its revenue from the E-Commerce segment. Qplash is a wholly owned division of Splash. It is the company's first entry point into the e-commerce channel. For beverage-alcohol products, the company operate within what is referred to as a "Three Tier Distribution System" where manufacturers are not permitted to sell directly to retailers, but instead, contract for local and regional distribution with independent distributors.