Biokraft International AB (OSTO:BIOGAS) Cash And Cash Equivalents : kr203.2 Mil (As of Sep. 2023)

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What is Biokraft International AB Cash And Cash Equivalents?

Biokraft International AB's quarterly cash and cash equivalents declined from Mar. 2023 (kr242.59 Mil) to Jun. 2023 (kr167.59 Mil) but then increased from Jun. 2023 (kr167.59 Mil) to Sep. 2023 (kr203.24 Mil).

Biokraft International AB's annual cash and cash equivalents increased from Dec. 2020 (kr378.77 Mil) to Dec. 2021 (kr452.57 Mil) and increased from Dec. 2021 (kr452.57 Mil) to Dec. 2022 (kr561.08 Mil).

Biokraft International AB Cash And Cash Equivalents Historical Data

The historical data trend for Biokraft 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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Biokraft International AB Cash And Cash Equivalents Chart

Biokraft International AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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94.80

136.38

378.77

452.57

561.08

Biokraft International AB Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial														229.86	561.08	242.59	167.59	203.24

Biokraft 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.

Biokraft International AB (OSTO:BIOGAS) 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.

Biokraft International AB Cash And Cash Equivalents Related Terms

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Biokraft International AB (OSTO:BIOGAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Biokraft International AB (OSTO:BIOGAS) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

3JE:Germany

Address

KUNGSBRON 1 /KLARABERGSVIADUKTEN 70, ENTRANCE C 8 FLOOR, Stockholm, SWE, 111 22

Website

https://www.biokraft.com

Biokraft International AB is a Nordic greentech company that produces bioenergy and plant nutrition in a circular cycle by recycling organic waste and residual products in large-scale biorefineries. It is one of Northern Europe's largest producers of Bio-LNG.

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