Scana ASA (OSL:SCANA) Cash And Cash Equivalents : kr2 Mil (As of Mar. 2025)

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What is Scana ASA Cash And Cash Equivalents?

Scana ASA's quarterly cash and cash equivalents declined from Sep. 2024 (kr72.90 Mil) to Dec. 2024 (kr7.30 Mil) but then stayed the same from Dec. 2024 (kr7.30 Mil) to Mar. 2025 (kr2.00 Mil).

Scana ASA's annual cash and cash equivalents increased from Dec. 2022 (kr2.60 Mil) to Dec. 2023 (kr36.40 Mil) but then declined from Dec. 2023 (kr36.40 Mil) to Dec. 2024 (kr7.30 Mil).

Scana ASA Cash And Cash Equivalents Historical Data

The historical data trend for Scana 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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Scana ASA Cash And Cash Equivalents Chart

Scana ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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37.51

28.99

2.60

36.40

7.30

Scana 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															36.00	21.20	72.90	7.30	2.00

Scana 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.

Scana ASA (OSL:SCANA) 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.

Scana ASA Cash And Cash Equivalents Related Terms

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Scana ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Scana ASA (OSL:SCANA) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

INCo:Sweden 0FXQ:UK 1MP:Germany

Address

Wernersholmvegen 49, Paradis, Bergen, NOR, 5232

Website

https://www.scana.no

Scana ASA is an active industrial owner of technology and services for the offshore and energy industries. Along with its subsidiaries, the company operates in two business areas: Energy and Offshore. A majority of its revenue is generated from the Offshore segment, which delivers the design and manufacturing of riser applications and specialist subsea equipment to rig servicing, ISS services, mooring systems, and IMR lifecycle services for rigs and vessels, covering various products and services. In addition, it delivers mooring solutions and valve control systems to the shipping, energy, and aquaculture industries. Geographically, the group derives maximum revenue from Norway, followed by Other European countries, America, Asia, and Africa.

Scana ASA Headlines

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