Betolar Oyj (OHEL:BETOLAR) Cash And Cash Equivalents : €0.94 Mil (As of Dec. 2023)

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What is Betolar Oyj Cash And Cash Equivalents?

Betolar Oyj's quarterly cash and cash equivalents increased from Dec. 2022 (€1.17 Mil) to Jun. 2023 (€1.56 Mil) but then stayed the same from Jun. 2023 (€1.56 Mil) to Dec. 2023 (€0.94 Mil).

Betolar Oyj's annual cash and cash equivalents declined from Dec. 2021 (€3.36 Mil) to Dec. 2022 (€1.17 Mil) and declined from Dec. 2022 (€1.17 Mil) to Dec. 2023 (€0.94 Mil).

Betolar Oyj Cash And Cash Equivalents Historical Data

The historical data trend for Betolar Oyj'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.

Betolar Oyj Cash And Cash Equivalents Chart

Betolar Oyj Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.02

0.64

3.36

1.17

0.94

Betolar Oyj Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			3.36	0.32	1.17	1.56	0.94

Betolar Oyj 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.

Betolar Oyj (OHEL:BETOLAR) 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.

Betolar Oyj Cash And Cash Equivalents Related Terms

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Betolar Oyj (OHEL:BETOLAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Betolar Oyj (OHEL:BETOLAR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mannilantie 9, Kannonkoski, FIN, 43300

Website

https://www.betolar.com

Betolar Oyj is a Finnish materials technology company in the growth stage, whose mission is to enable the green transition of different industries globally, especially in the construction, process, and energy industries, by offering solutions for the utilization of its material technology. With its Geoprime solution, the company offers an alternative for producing sustainable and low-carbon concrete and concrete applications. The solution can be used to convert previously under-used or unused industrial side streams into a substitute for cement used in the production of concrete. Its product offering is divided into four segments: precast small concrete products, building elements, mining, and recycling of untapped side streams.

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