Atea ASA (Atea ASA) Cash And Cash Equivalents : $78 Mil (As of Mar. 2024)

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What is Atea ASA Cash And Cash Equivalents?

Atea ASA's quarterly cash and cash equivalents declined from Jun. 2023 ($107.54 Mil) to Sep. 2023 ($95.01 Mil) but then stayed the same from Sep. 2023 ($95.01 Mil) to Mar. 2024 ($78.21 Mil).

Atea ASA's annual cash and cash equivalents declined from Dec. 2020 ($184.33 Mil) to Dec. 2021 ($150.65 Mil) and declined from Dec. 2021 ($150.65 Mil) to Dec. 2022 ($93.32 Mil).

Atea ASA Cash And Cash Equivalents Historical Data

The historical data trend for Atea 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.

Atea ASA Cash And Cash Equivalents Chart

Atea ASA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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88.57

196.03

184.33

150.65

93.32

Atea ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															93.32	99.98	107.54	95.01	78.21

Atea 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.

Atea ASA (OTCPK:ATAZF) 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.

Atea ASA Cash And Cash Equivalents Related Terms

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Atea ASA (Atea ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Atea ASA (OTCPK:ATAZF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ATEAY:USA ATEAo:Sweden ATEA:Norway 0JWO:UK MKL:Germany

Address

Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605

Website

https://www.atea.com

Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates most of its revenue in Sweden.

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