Finnair Oyj (OHEL:FIA1S) Cash And Cash Equivalents : €158 Mil (As of Mar. 2024)

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What is Finnair Oyj Cash And Cash Equivalents?

Finnair Oyj's quarterly cash and cash equivalents declined from Sep. 2023 (€328.10 Mil) to Dec. 2023 (€145.10 Mil) but then increased from Dec. 2023 (€145.10 Mil) to Mar. 2024 (€158.00 Mil).

Finnair Oyj's annual cash and cash equivalents increased from Dec. 2021 (€734.30 Mil) to Dec. 2022 (€785.80 Mil) but then declined from Dec. 2022 (€785.80 Mil) to Dec. 2023 (€145.10 Mil).

Finnair Oyj Cash And Cash Equivalents Historical Data

The historical data trend for Finnair Oyj'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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Finnair Oyj Cash And Cash Equivalents Chart

Finnair Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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151.90

465.30

734.30

785.80

145.10

Finnair Oyj 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															687.00	460.70	328.10	145.10	158.00

Finnair Oyj 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.

Finnair Oyj (OHEL:FIA1S) 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.

Finnair Oyj Cash And Cash Equivalents Related Terms

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Finnair Oyj (OHEL:FIA1S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Finnair Oyj (OHEL:FIA1S) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

FNNNF:USA 0EG8:UK FAI:Germany

Address

Tietotie 9 A Helsinki Airport, Vantaa, FIN, 01053

Website

https://company.finnair.com/en

Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. It is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.

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