TopRight Nordic AB (NGM:TOPR) Cash And Cash Equivalents : kr1.6 Mil (As of Sep. 2023)

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What is TopRight Nordic AB Cash And Cash Equivalents?

TopRight Nordic AB's quarterly cash and cash equivalents increased from Mar. 2023 (kr0.05 Mil) to Jun. 2023 (kr2.92 Mil) but then stayed the same from Jun. 2023 (kr2.92 Mil) to Sep. 2023 (kr1.61 Mil).

TopRight Nordic AB's annual cash and cash equivalents declined from Dec. 2020 (kr1.07 Mil) to Dec. 2021 (kr0.32 Mil) but then increased from Dec. 2021 (kr0.32 Mil) to Dec. 2022 (kr0.54 Mil).

TopRight Nordic AB Cash And Cash Equivalents Historical Data

The historical data trend for TopRight Nordic 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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TopRight Nordic AB Cash And Cash Equivalents Chart

TopRight Nordic AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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0.02

0.17

1.07

0.32

0.54

TopRight Nordic AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.78	0.54	0.05	2.92	1.61

TopRight Nordic 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.

TopRight Nordic AB (NGM:TOPR) 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.

TopRight Nordic AB Cash And Cash Equivalents Related Terms

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TopRight Nordic AB Business Description

Industry

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Traded in Other Exchanges

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Address

Taptogatan 6, Stockholm, SWE, 115 26

Website

https://www.toprightnordic.com

TopRight Nordic AB is engaged in modern light technology and digital glass. The company's solutions improve road safety, help brands to be brand new and transform traditional exposure areas to interactive viewing windows. It has three business areas: BRIGHT Attention, BRIGHT Safety, and SMART Glass. BRIGHT Attention offers unique solutions to create attention. BRIGHT Safety offers standard products, customized solutions and safety kits with lighting technology that contribute to a safer existence on roads and for the professional teams working in the dark. SMART Glass offers glass surfaces that can become lighting, windows, wall and screen in one.

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