Paratus Energy Services (OSL:PLSV) Cash And Cash Equivalents : kr1,546 Mil (As of Mar. 2025)

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What is Paratus Energy Services Cash And Cash Equivalents?

Paratus Energy Services's quarterly cash and cash equivalents declined from Sep. 2024 (kr1,359.69 Mil) to Dec. 2024 (kr844.90 Mil) but then increased from Dec. 2024 (kr844.90 Mil) to Mar. 2025 (kr1,546.20 Mil).

Paratus Energy Services's annual cash and cash equivalents increased from Dec. 2022 (kr928.73 Mil) to Dec. 2023 (kr967.38 Mil) but then declined from Dec. 2023 (kr967.38 Mil) to Dec. 2024 (kr844.90 Mil).

Paratus Energy Services Cash And Cash Equivalents Historical Data

The historical data trend for Paratus Energy Services'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.

Paratus Energy Services Cash And Cash Equivalents Chart

Paratus Energy Services Annual Data

Trend

Dec22

Dec23

Dec24

Cash And Cash Equivalents

928.73

967.38

844.90

Paratus Energy Services Quarterly Data
	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial				-	2,464.90	1,359.69	844.90	1,546.20

Paratus Energy Services 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.

Paratus Energy Services (OSL:PLSV) 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.

Paratus Energy Services Cash And Cash Equivalents Related Terms

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Paratus Energy Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paratus Energy Services Ltd (OSL:PLSV) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

U6N:Germany

Address

14 Par-La-Ville Road, Par-La-Ville Place, Hamilton, BMU, HM 08

Website

https://www.paratus-energy.com

Paratus Energy Services Ltd is a holding company. Through its subsidiaries, It operates as a drilling contractor that owns and operates five jack-up drilling units located in Mexico. It owns five jack-up rigs: West Intrepid, West Defender, West Courageous, West Oberon, and West Titania. Its other subsidiaries have a business that owns and operates six multipurpose pipelaying service vessels (PLSV) and is an oilfield service company that specializes in drilling and well services.

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