Scania AB (LTS:0GUY) Cash And Cash Equivalents : €1,329 Mil (As of Dec. 2015)

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What is Scania AB Cash And Cash Equivalents?

Scania AB's quarterly cash and cash equivalents increased from Jun. 2015 (€1,171.46 Mil) to Sep. 2015 (€1,390.19 Mil) but then stayed the same from Sep. 2015 (€1,390.19 Mil) to Dec. 2015 (€1,328.83 Mil).

Scania AB's annual cash and cash equivalents increased from Dec. 2013 (€1,068.49 Mil) to Dec. 2014 (€1,160.33 Mil) and increased from Dec. 2014 (€1,160.33 Mil) to Dec. 2015 (€1,328.83 Mil).

Scania AB Cash And Cash Equivalents Historical Data

The historical data trend for Scania 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.

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Scania AB Cash And Cash Equivalents Chart

Scania AB Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Cash And Cash Equivalents

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1,291.33

1,377.32

1,068.49

1,160.33

1,328.83

Scania AB Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,160.33	1,150.13	1,171.46	1,390.19	1,328.83

Scania 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.

Scania AB (LTS:0GUY) 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.

Scania AB Cash And Cash Equivalents Related Terms

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Scania AB Business Description

Industry

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Address

Website

http://www.scania.com

Scania AB was founded in 1891. The Company is engaged in manufacturing & marketing heavy trucks, buses & engines for automotive & marine industries. It also offers spare parts, maintenance & driver training, short-term truck rentals and fleet management services & financing. The company's operations are divided into two different operating segments, the Vehicles and Services operating segment encompasses the following products: trucks, buses and engines, including the services associated with these products and the Financial Services operating segment provides financial solutions to Scania customers, such as loan financing, lease contracts and insurance solutions. The sales of the Company's products occur in all five geographic areas. Financial Services is found mainly in the European markets and to a lesser extent in the others. The Company's research and development work occurs in Sweden. Manufacturing of trucks, buses and industrial and marine engines occurs in Sweden, Argentina, Brazil, France, the Netherlands, Poland and Russia.

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