AQ Group AB (OSTO:AQ) Cash And Cash Equivalents : kr488 Mil (As of Mar. 2024)

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What is AQ Group AB Cash And Cash Equivalents?

AQ Group AB's quarterly cash and cash equivalents declined from Sep. 2023 (kr436.00 Mil) to Dec. 2023 (kr426.00 Mil) but then increased from Dec. 2023 (kr426.00 Mil) to Mar. 2024 (kr488.00 Mil).

AQ Group AB's annual cash and cash equivalents declined from Dec. 2021 (kr283.00 Mil) to Dec. 2022 (kr231.00 Mil) but then increased from Dec. 2022 (kr231.00 Mil) to Dec. 2023 (kr426.00 Mil).

AQ Group AB Cash And Cash Equivalents Historical Data

The historical data trend for AQ Group 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.

AQ Group AB Cash And Cash Equivalents Chart

AQ Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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161.32

452.00

283.00

231.00

426.00

AQ Group 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															352.00	289.00	436.00	426.00	488.00

AQ Group 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.

AQ Group AB (OSTO:AQ) 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.

AQ Group AB Cash And Cash Equivalents Related Terms

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AQ Group AB (OSTO:AQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AQ Group AB (OSTO:AQ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

7AQ:Germany

Address

Regattagatan 29, Vasteras, SWE, 723 48

Website

https://www.aqg.se

AQ Group AB is a supplier of manufacturing and assembling tool-bound sheet metal and thermoplastic parts to demanding industrial customers. The company's business consists of the System and Component segments. The System segment includes Electric Cabinets and System Products business areas. The Component segment encompasses business areas of Precision stamping and Injection Molding, Inductive Components, Wiring Systems, Sheet Metal Processing as well as Special Technologies and Engineering. Majority of the revenue is derived from Component segment. It operates around the globe with majority revenue from Sweden.