SKFRY (SKF AB) Beginning Cash Position : $890 Mil (As of Dec. 2024)

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What is SKF AB Beginning Cash Position?

SKF AB's Beginning Cash Position for the quarter that ended in Dec. 2024 was $890 Mil.

SKF AB's quarterly Beginning Cash Position declined from Jun. 2024 ($1,322 Mil) to Sep. 2024 ($807 Mil) but then increased from Sep. 2024 ($807 Mil) to Dec. 2024 ($890 Mil).

SKF AB's annual Beginning Cash Position declined from Dec. 2022 ($1,274 Mil) to Dec. 2023 ($1,000 Mil) but then increased from Dec. 2023 ($1,000 Mil) to Dec. 2024 ($1,212 Mil).

SKF AB Beginning Cash Position Historical Data

The historical data trend for SKF AB's Beginning Cash Position 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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SKF AB Beginning Cash Position Chart

SKF AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Beginning Cash Position

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768.85

1,545.72

1,273.66

999.75

1,211.74

SKF AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Beginning Cash Position	Get a 7-Day Free Trial															1,129.80	1,278.52	1,321.64	807.41	889.94

SKF AB Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

SKF AB Beginning Cash Position Related Terms

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SKF AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SKF AB (OTCPK:SKFRY) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

SKUFF:USA SKF B:Sweden SKF A:Sweden SKFBs:UK 0NWX:UK 0NWW:UK SKFB:Germany

Address

Sven Wingquists Gata 2, Gothenburg, SWE, SE-415 50

Website

https://www.skf.com

SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF, along with the Schaeffler Group, are the top two global ball bearing suppliers followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches as ball bearings for industrial purposes are engineered for specific applications. SKF is based out of Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, which has a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.