Epiroc AB (Epiroc AB) Cash And Cash Equivalents : $1,333 Mil (As of Mar. 2024)

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What is Epiroc AB Cash And Cash Equivalents?

Epiroc AB's quarterly cash and cash equivalents increased from Sep. 2023 ($571.05 Mil) to Dec. 2023 ($624.03 Mil) and increased from Dec. 2023 ($624.03 Mil) to Mar. 2024 ($1,333.07 Mil).

Epiroc AB's annual cash and cash equivalents declined from Dec. 2021 ($1,187.29 Mil) to Dec. 2022 ($705.92 Mil) and declined from Dec. 2022 ($705.92 Mil) to Dec. 2023 ($624.03 Mil).

Epiroc AB Cash And Cash Equivalents Historical Data

The historical data trend for Epiroc 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.

Epiroc AB Cash And Cash Equivalents Chart

Epiroc AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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905.39

1,799.93

1,187.29

705.92

624.03

Epiroc 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															437.85	459.56	571.05	624.03	1,333.07

Epiroc 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.

Epiroc AB (OTCPK:EPOKY) 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.

Epiroc AB Cash And Cash Equivalents Related Terms

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Epiroc AB (Epiroc AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Epiroc AB (OTCPK:EPOKY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

EPIPF:USA EPIAF:USA EPI A:Sweden EPI B:Sweden EPIAs:UK 3AD1:Germany

Address

Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-131 54

Website

https://www.epirocgroup.com

Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on the Nasdaq Stockholm in June 2018.

Epiroc AB (Epiroc AB) Headlines

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Epiroc AB's Dividend Analysis

By GuruFocus Research • 10-23-2023