Fred. Olsen Production ASA (OSL:FOP) Cash, Cash Equivalents, Marketable Securities : kr397.9 Mil (As of Dec. 2012)

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What is Fred. Olsen Production ASA Cash, Cash Equivalents, Marketable Securities?

Fred. Olsen Production ASA's quarterly cash, cash equivalents, marketable securities increased from Dec. 2010 (kr424.53 Mil) to Dec. 2011 (kr432.02 Mil) but then stayed the same from Dec. 2011 (kr432.02 Mil) to Dec. 2012 (kr397.89 Mil).

Fred. Olsen Production ASA's annual cash, cash equivalents, marketable securities increased from Dec. 2010 (kr424.53 Mil) to Dec. 2011 (kr432.02 Mil) but then declined from Dec. 2011 (kr432.02 Mil) to Dec. 2012 (kr397.89 Mil).

Fred. Olsen Production ASA Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Fred. Olsen Production ASA's Cash, Cash Equivalents, Marketable Securities 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.

Fred. Olsen Production ASA Cash, Cash Equivalents, Marketable Securities Chart

Fred. Olsen Production ASA Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Cash, Cash Equivalents, Marketable Securities

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754.02

687.80

424.53

432.02

397.89

Fred. Olsen Production ASA Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			754.02	687.80	424.53	432.02	397.89

Fred. Olsen Production ASA Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Fred. Olsen Production ASA (OSL:FOP) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Fred. Olsen Production ASA Cash, Cash Equivalents, Marketable Securities Related Terms

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Fred. Olsen Production ASA (OSL:FOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Fred. Olsen Production ASA (OSL:FOP) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

Website

http://www.yinson.com.my

Fred Olsen Production ASA,Â formerlyÂ Yinson Production AS was founded in 1983. The Company provides offshore support services. Its segments include transport, marine, trading, and other. The transport segment includes the provision of commercial land transportation, haulage and shipping services. The marine segment comprises provision of vessel, barge and marine related services. The trading segment comprises the trading activities mainly in the construction related materials. The other business segments include rental, insurance and investment income.

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