Lindab International AB (LTS:0MWK) Cash And Cash Equivalents : kr838 Mil (As of Mar. 2024)

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What is Lindab International AB Cash And Cash Equivalents?

Lindab International AB's quarterly cash and cash equivalents declined from Sep. 2023 (kr619.00 Mil) to Dec. 2023 (kr587.00 Mil) but then increased from Dec. 2023 (kr587.00 Mil) to Mar. 2024 (kr838.00 Mil).

Lindab International AB's annual cash and cash equivalents declined from Dec. 2021 (kr542.00 Mil) to Dec. 2022 (kr481.00 Mil) but then increased from Dec. 2022 (kr481.00 Mil) to Dec. 2023 (kr587.00 Mil).

Lindab International AB Cash And Cash Equivalents Historical Data

The historical data trend for Lindab International 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.

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Lindab International AB Cash And Cash Equivalents Chart

Lindab International AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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536.00

541.00

542.00

481.00

587.00

Lindab International 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															611.00	613.00	619.00	587.00	838.00

Lindab International 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.

Lindab International AB (LTS:0MWK) 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.

Lindab International AB Cash And Cash Equivalents Related Terms

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Lindab International AB (LTS:0MWK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lindab International AB (LTS:0MWK) » Definitions » Cash And Cash Equivalents

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LIAB:Sweden LIABs:UK L5E:Germany

Address

Stalhogavagen 115, Bastad, SWE, SE-269 82

Website

https://www.lindabgroup.com

Lindab International AB provides products and system solutions that are used to simplify the construction of properties and improve the indoor climate. The company operates through two segments namely Ventilation Systems and Profile Systems. Ventilation Systems offers air duct systems with accessories and indoor climate solutions for ventilation, cooling, and heating to installers and other customers in the ventilation industry. Profile Systems offers the construction industry products and systems in sheet metal for rainwater systems, roof, and wall products as well as steel profiles for wall, roof, and beam constructions. The majority of revenue is from the Ventilation segment. Geographically, the majority is from Sweden.

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