Borregaard ASA (OSL:BRG) Cash And Cash Equivalents

: kr464 Mil (As of Dec. 2023)

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Borregaard ASA's quarterly cash and cash equivalents increased from Jun. 2023 (kr365.00 Mil) to Sep. 2023 (kr707.00 Mil) but then stayed the same from Sep. 2023 (kr707.00 Mil) to Dec. 2023 (kr464.00 Mil).

Borregaard ASA's annual cash and cash equivalents increased from Dec. 2021 (kr124.00 Mil) to Dec. 2022 (kr234.00 Mil) and increased from Dec. 2022 (kr234.00 Mil) to Dec. 2023 (kr464.00 Mil).

Borregaard ASA Cash And Cash Equivalents Historical Data

The historical data trend for Borregaard ASA'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.

Borregaard ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

147.00

205.00

124.00

234.00

464.00

Borregaard ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents																234.00	217.00	365.00	707.00	464.00

Borregaard ASA 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.

Borregaard ASA (OSL:BRG) 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.

Borregaard ASA Cash And Cash Equivalents Related Terms

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Borregaard ASA (OSL:BRG) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

BRGO:Sweden 0QB7:UK BO4:Germany

Address

Hjalmar Wessels vei 6, P.O Box 162, Sarpsborg, NOR, 1701

Website

https://www.borregaard.com

Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products, It has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.

Borregaard ASA (OSL:BRG) Headlines

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