Oil States International (FRA:OI2) Cash And Cash Equivalents : €22.1 Mil (As of Mar. 2024)

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What is Oil States International Cash And Cash Equivalents?

Oil States International's quarterly cash and cash equivalents declined from Sep. 2023 (€49.57 Mil) to Dec. 2023 (€43.20 Mil) but then stayed the same from Dec. 2023 (€43.20 Mil) to Mar. 2024 (€22.13 Mil).

Oil States International's annual cash and cash equivalents declined from Dec. 2021 (€46.77 Mil) to Dec. 2022 (€39.67 Mil) but then increased from Dec. 2022 (€39.67 Mil) to Dec. 2023 (€43.20 Mil).

Oil States International Cash And Cash Equivalents Historical Data

The historical data trend for Oil States International'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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Oil States International Cash And Cash Equivalents Chart

Oil States International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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7.64

59.19

46.77

39.67

43.20

Oil States International 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															14.76	39.15	49.57	43.20	22.13

Oil States International 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.

Oil States International (FRA:OI2) 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.

Oil States International Cash And Cash Equivalents Related Terms

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Oil States International (FRA:OI2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil States International Inc (FRA:OI2) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

OIS:USA OI2:Germany

Address

Three Allen Center, 333 Clay Street, Suite 4620, Houston, TX, USA, 77002

Website

https://www.oilstatesintl.com

Oil States International Inc is a provider of manufactured products and services to the energy, industrial and military sectors. Manufactured products include engineered capital equipment as well as products consumed in the drilling, well construction and production of oil and natural gas. The company sells its products and services to national oil and natural gas companies, oil and natural gas companies, onshore and offshore drilling companies and other oilfield services, defense and industrial companies. The company operates through three business segments, Offshore/Manufactured Products, Well Site Services and Downhole Technologies.

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