AS (Amer Sports) Cash And Cash Equivalents : $345 Mil (As of Dec. 2024)

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What is Amer Sports Cash And Cash Equivalents?

Amer Sports's quarterly cash and cash equivalents increased from Jun. 2024 ($255.90 Mil) to Sep. 2024 ($312.00 Mil) and increased from Sep. 2024 ($312.00 Mil) to Dec. 2024 ($345.40 Mil).

Amer Sports's annual cash and cash equivalents increased from Dec. 2022 ($402.00 Mil) to Dec. 2023 ($483.40 Mil) but then declined from Dec. 2023 ($483.40 Mil) to Dec. 2024 ($345.40 Mil).

Amer Sports Cash And Cash Equivalents Historical Data

The historical data trend for Amer Sports'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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Amer Sports Cash And Cash Equivalents Chart

Amer Sports Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

389.50

566.70

402.00

483.40

345.40

Amer Sports Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial								483.40	337.30	255.90	312.00	345.40

Amer Sports 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.

Amer Sports (NYSE:AS) 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.

Amer Sports Cash And Cash Equivalents Related Terms

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Amer Sports Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Amer Sports Inc (NYSE:AS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Siltasaarenkatu 8-10, Helsinki, FIN, 00530

Website

https://www.amersports.com

Amer Sports manages a diverse portfolio of 10 outdoor and action sports brands that collectively generated revenue of $4.4 billion in 2023. Although primarily owned by the Chinese conglomerate Anta Sports, Amer operates with a degree of autonomy. In its rapidly expanding China business, the company is subject to closer oversight, but it manages its operations outside of China with relative independence. In 2023, the firm generates 40% of its revenue from the Americas, 33% from Europe, the Middle East, and Africa, 19% from China, and 7% from Asia-Pacific, excluding China.