Careium AB (OSTO:CARE) Cash And Cash Equivalents : kr46.4 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Careium AB Cash And Cash Equivalents?

Careium AB's quarterly cash and cash equivalents declined from Sep. 2023 (kr36.10 Mil) to Dec. 2023 (kr31.50 Mil) but then increased from Dec. 2023 (kr31.50 Mil) to Mar. 2024 (kr46.40 Mil).

Careium AB's annual cash and cash equivalents declined from Dec. 2021 (kr142.50 Mil) to Dec. 2022 (kr39.90 Mil) and declined from Dec. 2022 (kr39.90 Mil) to Dec. 2023 (kr31.50 Mil).

Careium AB Cash And Cash Equivalents Historical Data

The historical data trend for Careium AB'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.

Careium AB Cash And Cash Equivalents Chart

Careium AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

53.90

32.20

142.50

39.90

31.50

Careium AB Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial											53.40	53.70	36.10	31.50	46.40

Careium AB 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.

Careium AB (OSTO:CARE) 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.

Careium AB Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Careium AB's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Careium AB (OSTO:CARE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Careium AB (OSTO:CARE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

I81:Germany

Address

Jorgen Kocksgatan 1B, Malmo, SWE, 211 20

Website

https://www.careium.com

Careium AB is a player in technology-enabled care in Sweden which provides solutions to improve the safety, quality of life, and independence of seniors both inside and outside the home. It offers a complete digital alarm chain. Its product catalog includes security alarms, fall sensors, smoke detectors motion detectors, accessories such as cameras, electronic locks, robotic medication assistive devices, and secure communication with alarm response. Geographically it has a presence in Nordics, the United Kingdom and Ireland, Central Europe, and Other markets, Its majority of the revenue comes from Nordics.