Mowi ASA (Mowi ASA) Cash And Cash Equivalents

: $315 Mil (As of Dec. 2023)

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Mowi ASA's quarterly cash and cash equivalents increased from Jun. 2023 ($136.19 Mil) to Sep. 2023 ($149.63 Mil) and increased from Sep. 2023 ($149.63 Mil) to Dec. 2023 ($314.50 Mil).

Mowi ASA's annual cash and cash equivalents increased from Dec. 2021 ($107.23 Mil) to Dec. 2022 ($181.04 Mil) and increased from Dec. 2022 ($181.04 Mil) to Dec. 2023 ($314.50 Mil).

Mowi ASA Cash And Cash Equivalents Historical Data

The historical data trend for Mowi ASA'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.

Mowi ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

130.56

122.02

107.23

181.04

314.50

Mowi ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents																181.04	126.98	136.19	149.63	314.50

Mowi ASA 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.

Mowi ASA (OTCPK:MHGVY) 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.

Mowi ASA Cash And Cash Equivalents Related Terms

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Mowi ASA (Mowi ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mowi ASA (OTCPK:MHGVY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MNHVF:USA MOWI:Sweden MOWI:Norway MOWIo:UK 0OAW:UK PND:Germany

Address

Sandviksboder 77A/B, Bergen, NOR, 5035

Website

https://www.mowi.com

Mowi ASA is a Norway based producer of farmed salmon. It distributes salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. The fish are processed and sold once each specimen reaches harvestable weight. Additionally, it owns secondary processor facilities that help transform the fish into ready-to-eat and packaged products.

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