InfraCom Group AB (FRA:8HG) Cash And Cash Equivalents : €3.24 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is InfraCom Group AB Cash And Cash Equivalents?

InfraCom Group AB's quarterly cash and cash equivalents increased from Sep. 2023 (€4.35 Mil) to Dec. 2023 (€5.42 Mil) but then stayed the same from Dec. 2023 (€5.42 Mil) to Mar. 2024 (€3.24 Mil).

InfraCom Group AB's annual cash and cash equivalents declined from Dec. 2020 (€4.12 Mil) to Dec. 2021 (€2.60 Mil) but then increased from Dec. 2021 (€2.60 Mil) to Dec. 2022 (€3.69 Mil).

InfraCom Group AB Cash And Cash Equivalents Historical Data

The historical data trend for InfraCom Group AB'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.

InfraCom Group AB Cash And Cash Equivalents Chart

InfraCom Group AB Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

2.62

3.65

4.12

2.60

3.69

InfraCom Group AB Quarterly Data
	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															5.53	5.06	4.35	5.42	3.24

InfraCom Group AB 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.

InfraCom Group AB (FRA:8HG) 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.

InfraCom Group AB Cash And Cash Equivalents Related Terms

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

InfraCom Group AB (FRA:8HG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » InfraCom Group AB (FRA:8HG) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

INFRA:Sweden

Address

Gamlestadsvagen 1, Gothenburg, SWE, 415 02

Website

http://www.infracom.se

InfraCom Group AB owns, operates and develops cloud-based IT (information technology) services. Its business activities are divided into four divisions including cloud-based telephony, cloud-based IT operations, hosting and data communications and internet access. The Cloud-based Telephony business area offers a broad spectrum of Cloud-based telephony services through the proprietary Weblink Unified 2.0 platform. Cloud-based IT operations connect IT infrastructure as a service and offer customers login and control through a web portal. Hosting offers InfraCom infrastructure for server and data management. Data communication and Internet access offer connections to the Internet between geographical locations and premises.

InfraCom Group AB (FRA:8HG) Headlines

No Headlines