GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » Cash, Cash Equivalents, Marketable Securities

Karnell Group AB (OSTO:KARNEL B) Cash, Cash Equivalents, Marketable Securities : kr387.1 Mil (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Karnell Group AB Cash, Cash Equivalents, Marketable Securities?

Karnell Group AB's quarterly cash, cash equivalents, marketable securities increased from Mar. 2023 (kr0.00 Mil) to Dec. 2023 (kr190.42 Mil) and increased from Dec. 2023 (kr190.42 Mil) to Mar. 2024 (kr387.10 Mil).

Karnell Group AB's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (kr246.13 Mil) to Dec. 2022 (kr148.68 Mil) but then increased from Dec. 2022 (kr148.68 Mil) to Dec. 2023 (kr190.42 Mil).

Karnell Group AB Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Karnell Group AB'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.

Karnell Group AB Cash, Cash Equivalents, Marketable Securities Chart

Karnell Group AB Annual Data
Trend Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
246.13 148.68 190.42

Karnell Group AB Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Cash, Cash Equivalents, Marketable Securities 246.13 148.68 - 190.42 387.10

Karnell Group AB 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.

Karnell Group AB  (OSTO:KARNEL B) 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.

Karnell Group AB Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Karnell Group AB's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Karnell Group AB (OSTO:KARNEL B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
Traded in Other Exchanges
N/A
Address
Riddargatan 13D, Stockholm, SWE, 114 51
Website
https://www.karnell.se
Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

Karnell Group AB (OSTO:KARNEL B) Headlines

No Headlines