Oceanpact Servicos Maritimos (BSP:OPCT3) Cash And Cash Equivalents : R$189 Mil (As of Mar. 2024)

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What is Oceanpact Servicos Maritimos Cash And Cash Equivalents?

Oceanpact Servicos Maritimos's quarterly cash and cash equivalents increased from Sep. 2023 (R$207.77 Mil) to Dec. 2023 (R$214.29 Mil) but then stayed the same from Dec. 2023 (R$214.29 Mil) to Mar. 2024 (R$188.67 Mil).

Oceanpact Servicos Maritimos's annual cash and cash equivalents declined from Dec. 2021 (R$491.33 Mil) to Dec. 2022 (R$84.25 Mil) but then increased from Dec. 2022 (R$84.25 Mil) to Dec. 2023 (R$214.29 Mil).

Oceanpact Servicos Maritimos Cash And Cash Equivalents Historical Data

The historical data trend for Oceanpact Servicos Maritimos'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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Oceanpact Servicos Maritimos Cash And Cash Equivalents Chart

Oceanpact Servicos Maritimos Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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44.01

166.54

491.33

84.25

214.29

Oceanpact Servicos Maritimos Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															125.66	82.67	207.77	214.29	188.67

Oceanpact Servicos Maritimos 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.

Oceanpact Servicos Maritimos (BSP:OPCT3) 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.

Oceanpact Servicos Maritimos Cash And Cash Equivalents Related Terms

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Oceanpact Servicos Maritimos (BSP:OPCT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Oceanpact Servicos Maritimos SA (BSP:OPCT3) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Rua da Gloria, 122 - 11 Andar, Gloria, Rio de Janeiro, BRA, 20241-180

Website

https://www.oceanpact.com

Oceanpact Servicos Maritimos SA specialized in the management and response to emergency situations occurring in marine and coastal environments. It develops and implements safe, efficient and innovative solutions in the areas of the environment, subsea operations and logistical and engineering support. The company offers services for the study, protection, monitoring and sustainable use of the sea, the coast and marine resources for customers from different sectors of the economy, such as oil and gas, energy, mining, telecommunications, port, navigation, tourism, fishing and aquaculture.

Oceanpact Servicos Maritimos (BSP:OPCT3) Headlines

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