Norsk Titanium AS (STU:84F) Cash And Cash Equivalents : €22.22 Mil (As of Jun. 2024)

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What is Norsk Titanium AS Cash And Cash Equivalents?

Norsk Titanium AS's quarterly cash and cash equivalents declined from Jun. 2023 (€3.80 Mil) to Dec. 2023 (€0.90 Mil) but then increased from Dec. 2023 (€0.90 Mil) to Jun. 2024 (€22.22 Mil).

Norsk Titanium AS's annual cash and cash equivalents declined from Dec. 2021 (€20.11 Mil) to Dec. 2022 (€7.06 Mil) and declined from Dec. 2022 (€7.06 Mil) to Dec. 2023 (€0.90 Mil).

Norsk Titanium AS Cash And Cash Equivalents Historical Data

The historical data trend for Norsk Titanium 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.

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Norsk Titanium AS Cash And Cash Equivalents Chart

Norsk Titanium AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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1.69

1.59

20.11

7.06

0.90

Norsk Titanium AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial						11.47	7.06	3.80	0.90	22.22

Norsk Titanium 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.

Norsk Titanium AS (STU:84F) 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.

Norsk Titanium AS Cash And Cash Equivalents Related Terms

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Norsk Titanium AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Norsk Titanium AS (STU:84F) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

NORSF:USA NTI:Norway

Address

Flyplassveien 20, Honefoss, NOR, 3514

Website

https://www.norsktitanium.com

Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of 3D-printed titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows them to deliver value propositions and position itself for expansion into other markets. Geographically the company generates revenue from Norway, Europe, and the USA with the majority being generated from Norway.

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