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Agilyx ASA (Agilyx ASA) Cash And Cash Equivalents : $8.53 Mil (As of Dec. 2023)


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What is Agilyx ASA Cash And Cash Equivalents?

Agilyx ASA's quarterly cash and cash equivalents declined from Dec. 2022 ($13.67 Mil) to Jun. 2023 ($8.06 Mil) but then increased from Jun. 2023 ($8.06 Mil) to Dec. 2023 ($8.53 Mil).

Agilyx ASA's annual cash and cash equivalents declined from Dec. 2021 ($19.57 Mil) to Dec. 2022 ($13.67 Mil) and declined from Dec. 2022 ($13.67 Mil) to Dec. 2023 ($8.53 Mil).

Agilyx ASA Cash And Cash Equivalents Historical Data

The historical data trend for Agilyx ASA'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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Agilyx ASA Cash And Cash Equivalents Chart

Agilyx ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
- 38.90 19.57 13.67 8.53

Agilyx ASA Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash And Cash Equivalents Get a 7-Day Free Trial 19.57 13.42 13.67 8.06 8.53

Agilyx ASA 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.

Agilyx ASA  (OTCPK:AGXXF) 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.

Agilyx ASA Cash And Cash Equivalents Related Terms

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Agilyx ASA (Agilyx ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Agilyx ASA (OTCPK:AGXXF) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
AGLX:Norway 5NQ:Germany
Address
13240 SW Wall Street, Tigard, NOR, Oregon
Website
https://www.agilyx.com
Agilyx ASA is a developer of conversion technologies across the value chain intended to offer two molecular recycling product pathways enabling a circular economy for polystyrene and polymethyl methacrylate. The company offers waste sourcing and processing, thereby helping the entire plastic recycling market to convert recycled waste plastics into valuable resources such as oils and chemical substrate products.