Rana Gruber ASA (OSL:RANA) Cash And Cash Equivalents : kr92 Mil (As of Mar. 2025)

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What is Rana Gruber ASA Cash And Cash Equivalents?

Rana Gruber ASA's quarterly cash and cash equivalents declined from Sep. 2024 (kr57.29 Mil) to Dec. 2024 (kr24.89 Mil) but then increased from Dec. 2024 (kr24.89 Mil) to Mar. 2025 (kr92.18 Mil).

Rana Gruber ASA's annual cash and cash equivalents increased from Dec. 2022 (kr198.62 Mil) to Dec. 2023 (kr276.94 Mil) but then declined from Dec. 2023 (kr276.94 Mil) to Dec. 2024 (kr24.89 Mil).

Rana Gruber ASA Cash And Cash Equivalents Historical Data

The historical data trend for Rana Gruber ASA'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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Rana Gruber ASA Cash And Cash Equivalents Chart

Rana Gruber ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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12.39

252.47

198.62

276.94

24.89

Rana Gruber ASA Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															252.50	89.77	57.29	24.89	92.18

Rana Gruber ASA 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.

Rana Gruber ASA (OSL:RANA) 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.

Rana Gruber ASA Cash And Cash Equivalents Related Terms

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Rana Gruber ASA Business Description

Industry

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Traded in Other Exchanges

RANAo:Sweden 7XH:Germany

Address

Mjolanveien 29, Mo i Rana, NOR, 8622

Website

https://www.ranagruber.no

Rana Gruber ASA is a sustainable iron ore producer in Norway. It is engaged in the excavating, processing and sale of iron oxide in the form of hematite, magnetite and iron oxide pigments. Hematite is used for iron and steel production in smelting plants in Europe and magnetite is used in industrial water purification processes. The iron ore production takes place at the group's iron ore deposits at Ortfjell as open-pit production and underground operation. It produces and sells iron ore concentrate, and mainly serves steel producers and participants in the chemical industry. The majority of revenue from contracts with customers arise from the sale of hematite products.

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