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Sectra AB (OSTO:SECT B) Cash, Cash Equivalents, Marketable Securities : kr699 Mil (As of Jul. 2024)


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What is Sectra AB Cash, Cash Equivalents, Marketable Securities?

Sectra AB's quarterly cash, cash equivalents, marketable securities increased from Jan. 2024 (kr688.78 Mil) to Apr. 2024 (kr804.64 Mil) but then stayed the same from Apr. 2024 (kr804.64 Mil) to Jul. 2024 (kr699.36 Mil).

Sectra AB's annual cash, cash equivalents, marketable securities increased from Apr. 2022 (kr808.78 Mil) to Apr. 2023 (kr945.24 Mil) but then declined from Apr. 2023 (kr945.24 Mil) to Apr. 2024 (kr804.64 Mil).


Sectra AB Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Sectra 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.

Sectra AB Cash, Cash Equivalents, Marketable Securities Chart

Sectra AB Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 345.30 454.85 808.78 945.24 804.64

Sectra AB Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 808.21 498.47 688.78 804.64 699.36

Sectra 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.


Sectra AB  (OSTO:SECT 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.


Sectra AB Cash, Cash Equivalents, Marketable Securities Related Terms

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Sectra AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sectra AB (OSTO:SECT B) » Definitions » Cash, Cash Equivalents, Marketable Securities
Traded in Other Exchanges
Address
Teknikringen 20, Linkoping, SWE, SE-583 30
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from Sweden and also has a presence in the Netherlands; North America; Australia/New Zealand; the United Kingdom, and the Rest of Europe.

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