PANDY (Pandora AS) Cash And Cash Equivalents : $101 Mil (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Pandora AS Cash And Cash Equivalents?

Pandora AS's quarterly cash and cash equivalents declined from Mar. 2024 ($136.16 Mil) to Jun. 2024 ($129.37 Mil) but then stayed the same from Jun. 2024 ($129.37 Mil) to Sep. 2024 ($100.63 Mil).

Pandora AS's annual cash and cash equivalents declined from Dec. 2021 ($158.49 Mil) to Dec. 2022 ($113.06 Mil) but then increased from Dec. 2022 ($113.06 Mil) to Dec. 2023 ($204.40 Mil).

Pandora AS Cash And Cash Equivalents Historical Data

The historical data trend for Pandora AS'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.

Pandora AS Cash And Cash Equivalents Chart

Pandora AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

156.78

476.18

158.49

113.06

204.40

Pandora AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															121.36	204.40	136.16	129.37	100.63

Pandora AS 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.

Pandora AS (OTCPK:PANDY) 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.

Pandora AS Cash And Cash Equivalents Related Terms

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

Pandora AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Pandora AS (OTCPK:PANDY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PNDZF:USA PNDORA:Mexico PNDORc:UK 0NQC:UK PNDORA:Denmark 3P7:Germany

Address

Havneholmen 17-19, Copenhagen, DNK, DK-1561

Website

https://www.pandoragroup.com

Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,500 concept stores globally (1,600 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for 51% of sales, own online channels for 21% and wholesale for the remainder. Charms and bracelets account for almost three fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.