Sika AG (Sika AG) Cash And Cash Equivalents : $745 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Sika AG Cash And Cash Equivalents?

Sika AG's quarterly cash and cash equivalents declined from Dec. 2022 ($2,010.84 Mil) to Jun. 2023 ($918.81 Mil) but then stayed the same from Jun. 2023 ($918.81 Mil) to Dec. 2023 ($744.57 Mil).

Sika AG's annual cash and cash equivalents increased from Dec. 2021 ($1,275.79 Mil) to Dec. 2022 ($2,010.84 Mil) but then declined from Dec. 2022 ($2,010.84 Mil) to Dec. 2023 ($744.57 Mil).

Sika AG Cash And Cash Equivalents Historical Data

The historical data trend for Sika AG'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.

Sika AG Cash And Cash Equivalents Chart

Sika AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

1,012.72

1,484.35

1,275.79

2,010.84

744.57

Sika AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,275.79	714.80	2,010.84	918.81	744.57

Sika AG 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.

Sika AG (OTCPK:SKFOF) 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.

Sika AG Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Sika AG's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Sika AG (Sika AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sika AG (OTCPK:SKFOF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SXYAY:USA SIKA:Mexico SIKAz:UK 0Z4C:UK SIKB:Germany SIKA:Switzerland

Address

Zugerstrasse 50, Baar, CHE, 6340

Website

https://www.sika.com

Sika AG manufactures and sells specialty chemical-based products. The majority of the company's revenue comes from the construction industry. Sika's products are used mainly for bonding, sealing, damping, reinforcing, and protecting in the building and motor vehicle industries. The firm produces additives for concrete, cement, and mortar production, waterproofing systems, roof waterproofing, flooring solutions, sealants, adhesive tapes, assembly foams and elastic adhesives for facade construction, interior and infrastructure construction, as well as concrete protection and repair solutions. The company's reportable segments are based on geography: EMEA, the Americas; Asia-Pacific; and global business. The EMEA segment generates the majority of revenue.

Sika AG (Sika AG) Headlines

From GuruFocus

David Winters Comments on Sika AG

By Holly LaFon Holly LaFon • 03-01-2016