Sectra AB (OSTO:SECT B) Cash And Cash Equivalents : kr689 Mil (As of Jan. 2024)

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What is Sectra AB Cash And Cash Equivalents?

Sectra AB's quarterly cash and cash equivalents declined from Jul. 2023 (kr688.21 Mil) to Oct. 2023 (kr498.47 Mil) but then increased from Oct. 2023 (kr498.47 Mil) to Jan. 2024 (kr688.78 Mil).

Sectra AB's annual cash and cash equivalents increased from Apr. 2021 (kr454.85 Mil) to Apr. 2022 (kr808.78 Mil) and increased from Apr. 2022 (kr808.78 Mil) to Apr. 2023 (kr825.24 Mil).

Sectra AB Cash And Cash Equivalents Historical Data

The historical data trend for Sectra 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.

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Sectra AB Cash And Cash Equivalents Chart

Sectra AB Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

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331.94

345.30

454.85

808.78

825.24

Sectra AB Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															482.50	825.24	688.21	498.47	688.78

Sectra 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.

Sectra AB (OSTO:SECT B) 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.

Sectra AB Cash And Cash Equivalents Related Terms

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Sectra AB (OSTO:SECT B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sectra AB (OSTO:SECT B) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

0A0L:UK 61L1:Germany

Address

Teknikringen 20, Linkoping, SWE, SE-583 30

Website

https://www.sectra.com

Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from Sweden and also has a presence in the Netherlands; the United Kingdom, and the Rest of Europe.

Sectra AB (OSTO:SECT B) Headlines

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