Andritz AG (Andritz AG) Cash And Cash Equivalents : $1,832 Mil (As of Mar. 2024)

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What is Andritz AG Cash And Cash Equivalents?

Andritz AG's quarterly cash and cash equivalents increased from Sep. 2023 ($1,228.39 Mil) to Dec. 2023 ($1,643.51 Mil) and increased from Dec. 2023 ($1,643.51 Mil) to Mar. 2024 ($1,832.28 Mil).

Andritz AG's annual cash and cash equivalents increased from Dec. 2021 ($1,228.25 Mil) to Dec. 2022 ($1,379.24 Mil) and increased from Dec. 2022 ($1,379.24 Mil) to Dec. 2023 ($1,643.51 Mil).

Andritz AG Cash And Cash Equivalents Historical Data

The historical data trend for Andritz AG'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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Andritz AG Cash And Cash Equivalents Chart

Andritz AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,334.22

1,408.76

1,228.25

1,379.24

1,643.51

Andritz AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,451.29	1,272.48	1,228.39	1,643.51	1,832.28

Andritz AG 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.

Andritz AG (OTCPK:ADRZF) 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.

Andritz AG Cash And Cash Equivalents Related Terms

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Andritz AG (Andritz AG) Business Description

Industry

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Traded in Other Exchanges

ADRZY:USA 0MJZ:UK AZ2:Germany ANDR:Czech Republic ANDR:Austria

Address

Stattegger Strasse 18, Graz, AUT, 8045

Website

https://www.andritz.com

Andritz AG is a producer of high-technology industrial machinery and operates through four operating segments: ANDRITZ Pulp & Paper provides sustainable technology, automation, and service solutions for the production of all types of pulp, paper, board, and tissue, ANDRITZ Metals includes suppliers of technologies, plants, and digital solutions in metal forming, and also includes automation and software solutions, process know-how, and service, ANDRITZ Hydro includes suppliers of electromechanical equipment and services for hydropower plants, and ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, and the mining and minerals industries.

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