Cool Co (OSL:CLCO) Cash And Cash Equivalents : kr1,123 Mil (As of Mar. 2024)

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What is Cool Co Cash And Cash Equivalents?

Cool Co's quarterly cash and cash equivalents declined from Sep. 2023 (kr1,632.07 Mil) to Dec. 2023 (kr1,408.30 Mil) but then stayed the same from Dec. 2023 (kr1,408.30 Mil) to Mar. 2024 (kr1,122.95 Mil).

Cool Co's annual cash and cash equivalents increased from Dec. 2021 (kr241.65 Mil) to Dec. 2022 (kr1,275.87 Mil) and increased from Dec. 2022 (kr1,275.87 Mil) to Dec. 2023 (kr1,408.30 Mil).

Cool Co Cash And Cash Equivalents Historical Data

The historical data trend for Cool Co'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.

Cool Co Cash And Cash Equivalents Chart

Cool Co Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

241.65

1,275.87

1,408.30

Cool Co Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial				-	3,340.61	1,632.07	1,408.30	1,122.95

Cool Co 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.

Cool Co (OSL:CLCO) 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.

Cool Co Cash And Cash Equivalents Related Terms

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Cool Co (OSL:CLCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cool Co Ltd (OSL:CLCO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

CLCO:USA HQ3:Germany HQ3:Germany

Address

9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11

Website

https://www.coolcoltd.com

Cool Co Ltd is a LNG shipping company. The company operates and manages the fuel-efficient LNGCs providing critical supply chain support to the international energy industry and flexible LNG transportation solutions, providing a lesser-emitting form of energy to help enable decarbonization efforts. Geographical presence of the company is in Singapore, Europe, Asia, Dutch, Japan and other International LNG trader.