FLSmidth AS (STU:F6O1) Cash And Cash Equivalents : €191 Mil (As of Sep. 2024)

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What is FLSmidth AS Cash And Cash Equivalents?

FLSmidth AS's quarterly cash and cash equivalents declined from Mar. 2024 (€209.22 Mil) to Jun. 2024 (€202.59 Mil) but then stayed the same from Jun. 2024 (€202.59 Mil) to Sep. 2024 (€191.39 Mil).

FLSmidth AS's annual cash and cash equivalents increased from Dec. 2021 (€260.22 Mil) to Dec. 2022 (€286.31 Mil) but then declined from Dec. 2022 (€286.31 Mil) to Dec. 2023 (€181.39 Mil).

FLSmidth AS Cash And Cash Equivalents Historical Data

The historical data trend for FLSmidth 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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FLSmidth AS Cash And Cash Equivalents Chart

FLSmidth AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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134.01

127.16

260.22

286.31

181.39

FLSmidth 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															202.48	181.39	209.22	202.59	191.39

FLSmidth 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.

FLSmidth AS (STU:F6O1) 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.

FLSmidth AS Cash And Cash Equivalents Related Terms

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FLSmidth AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FLSmidth & Co AS (STU:F6O1) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

FLIDY:USA FLIDF:USA FLSc:UK 0OJA:UK FLS:Denmark F6O1:Germany

Address

Vigerslev Alle 77, Valby, Copenhagen, DNK, DK-2500

Website

https://www.flsmidth.com

FLSmidth & Co AS is a Denmark-based company that designs, manufactures, and supplies machinery, cement plants, and minerals processing solutions and provide services along with the construction. The company's two segments are mining and cement. The majority of revenue is generated from the mining segment. Geographically, the company operates across the Americas, Asia, Africa, Europe, and Oceania. Among all areas, South America contributes the most revenue, mainly due to mining.

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