Atlas Copco AB (Atlas Copco AB) Cash And Cash Equivalents : $1,538 Mil (As of Mar. 2024)

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What is Atlas Copco AB Cash And Cash Equivalents?

Atlas Copco AB's quarterly cash and cash equivalents declined from Sep. 2023 ($1,164.30 Mil) to Dec. 2023 ($1,061.36 Mil) but then increased from Dec. 2023 ($1,061.36 Mil) to Mar. 2024 ($1,538.14 Mil).

Atlas Copco AB's annual cash and cash equivalents declined from Dec. 2021 ($2,089.20 Mil) to Dec. 2022 ($1,084.41 Mil) and declined from Dec. 2022 ($1,084.41 Mil) to Dec. 2023 ($1,061.36 Mil).

Atlas Copco AB Cash And Cash Equivalents Historical Data

The historical data trend for Atlas Copco AB'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.

Atlas Copco AB Cash And Cash Equivalents Chart

Atlas Copco AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1,590.79

1,393.62

2,089.20

1,084.41

1,061.36

Atlas Copco AB 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															943.27	882.99	1,164.30	1,061.36	1,538.14

Atlas Copco AB 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.

Atlas Copco AB (OTCPK:ATLCY) 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.

Atlas Copco AB Cash And Cash Equivalents Related Terms

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Atlas Copco AB (Atlas Copco AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atlas Copco AB (OTCPK:ATLCY) » Definitions » Cash And Cash Equivalents

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Address

Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23

Website

https://www.atlascopcogroup.com

Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

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